Glossary · The loan itself
In short
These are the assets the lender requires you to pledge to secure the loan. If you default, the lender can seize and sell these assets to recover their money.
The SBA requires lenders to take all available business and personal assets as collateral, up to the loan amount. Don't expect to get an SBA loan without pledging everything you and the business own, even if there's a collateral shortfall.
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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