Glossary · The loan itself
In short
Businesses primarily engaged in check cashing are generally ineligible for SBA 7(a) loans. The SBA has rules against funding certain financial service businesses.
If the target business's main source of revenue comes from cashing checks, it will not qualify for an SBA loan. This is a specific exclusion under SBA eligibility rules for financial businesses. Confirm the business's primary NAICS code and activities.
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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