Glossary · Doing the deal
In short
This is the lender's process of evaluating your loan application and the business's financials to decide if you and the business are creditworthy for an SBA 7(a) loan. It determines if the deal goes forward.
The lender reviews your personal credit, experience, and financial strength, alongside the target business's cash flow, assets, and liabilities. They assess repayment capacity and collateral adequacy. Be prepared to provide extensive documentation; thorough preparation speeds this critical step.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
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.
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