Glossary · Doing the deal
In short
This is the final stage of a transaction where all parties sign necessary documents, funds are disbursed, and ownership officially transfers. It's the closing of the deal.
For your SBA 7(a) acquisition, settlement is the culmination of due diligence, underwriting, and legal work. All conditions precedent must be met, including your equity injection and any seller financing. Be prepared for extensive document signing.
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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