Glossary · People and paperwork
In short
A bank, credit union, or other lender authorized to make SBA 7(a) loans. This is who you'll apply to for your acquisition financing.
When pursuing an SBA 7(a) loan, you'll work with a financial institution, not directly with the SBA. These lenders underwrite the loan according to SBA rules and their own prudent lending standards. Choose a lender experienced in business acquisitions to streamline the process.
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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