Glossary · People and paperwork
In short
This is an agreement governing the sale of the SBA-guaranteed portion of a loan by the original lender to a secondary market investor. It outlines the terms of this sale.
You, as the borrower, are not a party to this agreement. It's between your lender and the entity buying the guaranteed portion of your loan. This transaction doesn't change your loan terms, your payment schedule, or who you make payments to.
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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