Glossary · Reading the business
In short
Tangible business property refers to physical assets like equipment, vehicles, inventory, and furniture that have a measurable value. These are assets you can touch and see, distinct from intangible assets.
When buying a business, you're acquiring its assets. Tangible property serves as collateral for your SBA loan. The lender will assess its value during due diligence and require a lien on it. Ensure the seller provides a clear list and condition report for all tangible assets to avoid surprises post-closing.
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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