Glossary · People and paperwork
In short
This refers to your honesty, integrity, and reliability as assessed by the lender. It's a subjective but crucial factor in getting an SBA loan approved.
The SBA requires borrowers to demonstrate good character. This involves reviewing your credit history, criminal record (if any), and any past defaults on government-backed loans. Be prepared to explain any past issues transparently, as your character is a key C of credit.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
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.
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