Glossary · People and paperwork
In short
A legal document filed with the state to officially form a Limited Liability Company (LLC). It outlines the basic information about the LLC.
If you're buying a business structured as an LLC or forming a new LLC for the acquisition, these articles are crucial. Your lender will require them to confirm the legal entity and its authorized signatories. Ensure they are up-to-date and accurate.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Know what you'll need before you apply
Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.
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