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Glossary · Reading the business

Leverage ratio

In short

This financial metric measures how much a business relies on debt to finance its assets. A high ratio indicates higher financial risk.

What it means in a deal

Lenders use leverage ratios to assess the financial health of the business you're acquiring and its ability to take on new debt. A common ratio is Total Debt to EBITDA. A high ratio might concern a lender, indicating the business could struggle with repayment, so understand the target business's current and projected leverage.

Common questions about Leverage ratio

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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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