Glossary · People and paperwork
Account control agreement(ACA)
In short
This is a legal agreement between a borrower, a lender, and a bank holding a deposit account. It gives the lender control over the funds in that account under specific conditions.
What it means in a deal
Lenders often require an Account Control Agreement for certain collateral, like cash accounts or investment accounts, where they want to perfect a lien. This ensures that if the loan defaults, the lender can access those funds directly. You'll need to cooperate with setting these up for any restricted cash collateral.
Related terms
Common questions about Account control agreement
- How does the SBA evaluate a franchise agreement not on the directory for acceptable franchisor control provisions?
- What issues in a franchise agreement typically lead to a determination of 'undue control' by the franchisor?
- What if a proposed franchise agreement includes a clause restricting the borrower's operational control or management?
- How does a lender determine if a franchise agreement contains impermissible control provisions not listed on the Directory?
- How does the SBA determine 'undue control' by a franchisor in a franchise agreement, making it ineligible for 7(a) financing?
- How does the SBA determine if a franchise agreement grants the franchisor 'undue control' over the franchisee, impacting 7(a) eligibility?
Defined by CapBench 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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