Glossary · Reading the business
In short
These are rules or requirements designed to protect the environment, often related to waste disposal, emissions, or hazardous materials. Non-compliance can lead to severe fines and liabilities.
For certain industries or properties, lenders require an Environmental Questionnaire or Phase I Environmental Site Assessment to identify potential environmental risks. If issues arise, further investigation (Phase II) or remediation might be necessary, impacting closing timelines and costs.
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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