Glossary · The loan itself
In short
This refers to the assets the lender requires you to pledge as security for the loan. If you default, the lender can seize and sell these assets.
The SBA requires lenders to take all available business and personal collateral up to the loan amount. This often includes accounts receivable, inventory, equipment, and potentially a lien on your personal residence. Understand what assets are pledged and their liquidation value.
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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