Glossary · People and paperwork
In short
Property and wealth acquired during a marriage, often subject to division in divorce. Lenders care because a spouse's claim on these assets could affect your ability to repay the loan or use personal collateral.
If you're married, your spouse will likely need to sign certain loan documents, such as a spousal consent or personal guarantee, especially if marital assets are being pledged as collateral or if you reside in a community property state. This ensures their acknowledgment and potential liability for the loan. Address this early to avoid closing delays.
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.
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