Glossary · Doing the deal
In short
Converting assets into cash, often to pay off debts or distribute funds. This happens if a business fails or assets are sold off.
In an acquisition, you're usually buying a going concern, not a business on the verge of liquidation. If the seller is liquidating assets before closing, understand why and ensure it doesn't impair the business's value or future operations.
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.
Line up financing while you're under LOI
Tell us the business, the price, and your timeline — we'll match you with lenders who close deals like yours and flag anything that stalls the process.
Free · No documents · Usually same-day