Glossary · People and paperwork
In short
A non-profit financial institution owned by its members. They can offer business loans, including SBA loans, often with competitive rates.
While historically less common for SBA loans, some Credit unions are now active Participating banks in the 7(a) program. Don't overlook them; they might have a strong community focus and competitive offerings for small business acquisitions.
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.
Know what you'll need before you apply
Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.
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