Glossary · Doing the deal
In short
A pledge is a formal commitment to offer assets as security for a loan. It grants the lender a security interest in specific property until the debt is repaid.
In an SBA 7(a) acquisition, you'll pledge various business assets, such as equipment, inventory, and accounts receivable, as collateral. You might also pledge personal assets. This means if you default, the lender can seize and sell these assets to recover their money. Understand exactly what you are pledging and its implications.
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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