Glossary · Reading the business
In short
A credit check performed when you apply for new credit, like a loan or credit card. These can temporarily lower your credit score.
When you apply for an SBA loan, the lender performs a Hard Inquiry on your personal credit. These stay on your Credit Report for two years and can slightly impact your FICO score. Limit unnecessary applications for other credit during your business acquisition process to keep your score optimal for the loan.
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.
Pressure-test the numbers before you make an offer
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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