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Glossary · People and paperwork

AML Compliance(Anti-Money Laundering compliance)

In short

Regulations and procedures financial institutions must follow to prevent and detect money laundering. This includes verifying customer identities and reporting suspicious transactions.

What it means in a deal

When applying for an SBA loan, your lender is obligated to perform AML checks on you and the business. This means thorough identity verification and screening. Be prepared to provide extensive personal and business documentation, as the lender must ensure the funds involved in the transaction are legitimate and not from illicit activities.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.

Common questions about AML Compliance

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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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