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Glossary · Reading the business

Customer concentration

In short

When a large percentage of a business's revenue relies on a small number of customers. For buyers, high customer concentration is a significant risk, as losing even one major customer can severely disrupt cash flow.

What it means in a deal

Lenders pay close attention to customer concentration because it directly impacts the business's stability and your ability to make loan payments. During due diligence, demand a customer list with a detailed revenue breakdown. If concentration is high, thoroughly investigate the strength of those customer relationships, existing contract terms, and any plans for diversification.

Common questions about Customer concentration

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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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