Glossary · Doing the deal
In short
The specific company you are looking to acquire. It's the focus of your search and due diligence efforts.
Identifying the right target business is the first step in your acquisition journey. Once you've signed an NDA and reviewed the Confidential Information Memorandum (CIM), you'll submit an LOI outlining your proposed deal terms. All subsequent due diligence and financing efforts revolve around this specific target.
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.
Line up financing while you're under LOI
Tell us the business, the price, and your timeline — we'll match you with lenders who close deals like yours and flag anything that stalls the process.
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