Glossary · Reading the business
In short
Physical assets that have a material form and can be touched, such as equipment, inventory, real estate, and vehicles. These are often used as collateral for loans.
When evaluating a business, identify and appraise its tangible assets. These provide a baseline for the business's liquidation value and are key components of your loan collateral. An accurate valuation of these assets is critical for underwriting and ensuring sufficient collateral for your 7(a) loan.
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.
Free · No documents · Usually same-day