Glossary · People and paperwork
Lender's Certificate
In short
A document signed by the lender certifying that they've met all SBA requirements for the 7(a) loan. It confirms compliance with SBA rules before the loan is funded.
What it means in a deal
This certificate is a critical closing document. It's the lender's formal assurance to the SBA that the loan was properly underwritten and closed according to all regulations. As a buyer, you rely on your lender to ensure this is accurate for your loan's validity.
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 Lender's Certificate
- Can a borrower's investment in a certificate of deposit (CD) count towards the required equity injection?
- Can I use funds from a Certificate of Deposit (CD) that matures after closing for my equity injection?
- How is a lender's 'SBA Preferred Lender' status beneficial for the borrower?
- How does a lender confirm an owner's U.S. citizenship if they were born in a U.S. territory or abroad to U.S. parents?
- What are the consequences if the borrower's debt service coverage ratio (DSCR) falls below the lender's minimum after closing?
- What specific due diligence must a lender perform to evaluate the borrower's proposed management team's experience for a startup?
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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