Glossary · Reading the business
In short
This is software developed and owned exclusively by the business, giving it a unique competitive advantage. It's a valuable intangible asset, often critical to operations or product delivery.
If the business relies heavily on proprietary software, you need to understand its functionality, maintenance requirements, and intellectual property protections. During due diligence, confirm the business truly owns it and that you will receive all necessary licenses, source code, and transferrable rights post-acquisition. This asset can be part of the collateral package as a general intangible.
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.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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