Glossary · Reading the business
In short
This is a non-physical asset that can be separated from the business or arises from contractual/legal rights, like patents, trademarks, or customer lists.
In an asset purchase, identifiable intangible assets are valued separately from Goodwill. They can be amortized for tax purposes and contribute to the business's overall value. Your valuation expert will distinguish these from unidentifiable intangibles.
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.
Free · No documents · Usually same-day