Glossary · Reading the business
In short
These are things the business owns that have value, like equipment, inventory, or customer lists. Buyers care because these assets generate revenue and serve as collateral for your SBA loan.
In an asset purchase, you're buying specific business assets, not the legal entity itself. This includes tangible items like machinery and real estate, and intangible assets like goodwill and intellectual property. You'll need to understand what assets are included in the sale, their fair market value, and ensure they are adequate to collateralize your SBA loan.
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.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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