Glossary · People and paperwork
In short
A professional who facilitates a business sale, such as a business broker or M&A advisor. They connect buyers and sellers and help navigate the transaction.
An intermediary can be invaluable in finding businesses, valuing them, and managing the sales process. While they often represent the seller, a good one can streamline communication and paperwork, helping you focus on due diligence. Understand who they represent.
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.
Free · No documents · Usually same-day