Glossary · People and paperwork
In short
A non-immigrant visa allowing a U.S. employer to transfer an executive, manager, or specialized knowledge employee from one of its affiliated foreign offices to one of its offices in the United States.
While primarily for existing businesses transferring employees, an L-1 visa could be relevant if you're acquiring a business with international operations and plan to transfer personnel. For SBA loan eligibility, the key principal must be a Qualified Alien. Consult an immigration attorney to ensure compliance for both your visa and SBA requirements.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
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.
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