Glossary · Reading the business
In short
Coverage protecting a business from claims of bodily injury, property damage, and personal injury caused by its operations, products, or services. It's a fundamental protection for any business owner.
While not direct collateral for an SBA loan, general liability insurance is a standard requirement for all businesses, protecting you from common operational risks. Lenders expect you to maintain appropriate coverage to prevent unforeseen liabilities from impacting your ability to repay the loan.
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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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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