Glossary · People and paperwork
Disclosure document
In short
Any document provided by the seller that reveals material information about the business. These are crucial for your due diligence.
What it means in a deal
During due diligence, you'll receive various disclosure documents, including financial statements, tax returns, contracts, and legal records. Scrutinize these carefully for consistency and accuracy, cross-referencing information to uncover any discrepancies or red flags before committing to the purchase.
Related terms
Common questions about Disclosure document
- If a seller note on full standby is repaid prematurely, what are the lender's disclosure obligations to the SBA?
- What is an SBA *loan authorization* document, and why is it important?
- What is the specific SBA policy document that addresses collateral life insurance requirements?
- What information is required to document the purchase price allocation for a business acquisition?
- How does a lender document adherence to prudent lending standards in the underwriting credit memo?
- How does the buyer's responsiveness to document requests affect the SBA 7(a) application timeline?
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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