Glossary · Doing the deal
In short
These are the internal rules and guidelines a lender uses to evaluate loan applications and manage risk. They define what types of businesses and borrowers a lender will finance.
While the SBA sets broad eligibility, individual lenders have their own credit policies that can be stricter. Understanding a lender's specific policies (e.g., minimum FICO, industry preferences) can help you target the right lender and prepare your application to meet their specific criteria.
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.
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