Glossary · People and paperwork
In short
A Delegated Lender is authorized by the SBA to make loan decisions without direct SBA review, streamlining the approval process. This often means a faster path to closing for your 7(a) loan.
The most common type is a Preferred Lender (PLP). Working with a Delegated Lender can significantly reduce the time from application to SBA Credit Approval. They still must follow all SBA rules, but they have the authority to issue the SBA Loan Authorization themselves. These lenders have demonstrated expertise and a strong track record.
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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