Glossary · Reading the business
Fixed Asset
In short
These are long-term tangible assets like property, plant, and equipment that a business owns and uses to generate income, not for sale in the ordinary course of business.
What it means in a deal
Fixed assets often serve as collateral for your SBA loan. During due diligence, you'll verify the existence and condition of these assets. An appraisal may be required to determine their fair market value for collateral purposes.
Official sources
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Related terms
Common questions about Fixed Asset
- Is a blanket lien on all business assets always required for a 7(a) loan, regardless of loan size or asset value?
- What is the difference between an asset and stock purchase in a buyout?
- Are SBA 7(a) loan interest rates fixed or variable?
- How does a recent significant personal asset purchase affect my SBA 7(a) loan application?
- Are SBA 7(a) loan interest rates typically fixed or variable?
- Are interest rates on SBA 7(a) loans fixed or variable?
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.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.