Glossary · Doing the deal
In short
These are all the legal agreements and forms you sign at the very end of the deal to finalize the business acquisition and your SBA loan. You care because these documents define your obligations, rights, and the terms of your financing.
Expect a stack of documents from the lender and seller's attorney, including the loan agreement, security agreements, and personal guarantees. Have your attorney review everything thoroughly to ensure you understand all commitments before signing.
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