Glossary · Reading the business
Fixed assets
In short
These are long-term tangible assets a business owns and uses to generate income, like property, plant, and equipment. They are not intended for sale in the ordinary course of business.
What it means in a deal
Fixed assets are crucial collateral for an SBA loan and represent tangible value in the business. Ensure they are well-maintained and appraised accurately during due diligence, as their condition impacts future operations and loan security.
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 assets
- Are SBA 7(a) loan interest rates fixed or variable?
- Are SBA 7(a) loan interest rates typically fixed or variable?
- Are interest rates on SBA 7(a) loans fixed or variable?
- Are SBA 7(a) loan interest rates fixed or variable, or both?
- Are interest rates on SBA 7(a) loans generally fixed or adjustable?
- Are SBA 7(a) loan interest rates usually fixed or variable over time?
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.