Glossary · Reading the business
In short
A detailed list of all existing loans and liabilities owed by the business. This helps you and the lender understand the total debt burden you're taking on or refinancing.
Your lender will require a comprehensive business debt schedule as part of due diligence. This schedule details the original loan amounts, current balances, interest rates, payment terms, and collateral for each existing debt. Ensure it aligns with bank statements and tax returns to catch any discrepancies.
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.
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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