Glossary · Reading the business
In short
A credit report details your borrowing history, including loans, credit cards, and payment records. Lenders review it to understand your past financial behavior.
When applying for an SBA 7(a) loan, lenders will pull your personal credit report to assess your financial responsibility. They're looking for consistent payment history and any derogatory marks that could signal a higher risk.
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.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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