Glossary · The loan itself
In short
Assets with physical form that can be pledged to secure a loan. For an SBA loan, if the business assets aren't enough, the SBA requires personal assets as collateral.
The SBA requires all available collateral to secure a 7(a) loan up to the loan amount. This means if the business assets don't fully cover the loan, your personal assets like real estate will be pledged. Understand what you're putting up; it's on the line if the business fails.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
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.
See which SBA lenders would fund your deal
Tell us the business, the price, and where you are — we'll point you to the lenders most likely to approve a 7(a) like yours and flag what trips up approval.
Free · No documents · Usually same-day