Glossary · Doing the deal
Enforceability
In short
This refers to the legal validity of a contract or agreement, ensuring it can be upheld in court. It's crucial for all legal documents in a business acquisition.
What it means in a deal
All loan documents, purchase agreements, and collateral agreements must be legally enforceable. Your attorney will review these to ensure they are properly executed and comply with applicable laws. An unenforceable clause could undermine your rights or the lender's security interest.
Related terms
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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