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Glossary · Reading the business

Majority control

In short

When an individual or group owns more than 50% of a business, they have majority control. For a buyer getting an SBA loan, this means they'll be the primary decision-maker and responsible party.

What it means in a deal

The SBA requires the buyer to acquire majority control of the business being purchased with a 7(a) loan. This ensures the buyer has full operational authority and accountability. Lenders will verify this through the purchase agreement and ownership structure documentation.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

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.

Common questions about Majority control

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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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