Skip to main content

Glossary · People and paperwork

Intermediary

In short

A professional who facilitates a business sale, such as a business broker or M&A advisor. They connect buyers and sellers and help navigate the transaction.

What it means in a deal

An intermediary can be invaluable in finding businesses, valuing them, and managing the sales process. While they often represent the seller, a good one can streamline communication and paperwork, helping you focus on due diligence. Understand who they represent.

← Browse all glossary 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.

Know what you'll need before you apply

Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.

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.

Scroll