Glossary · People and paperwork
NDA(non-disclosure agreement)
In short
The contract you sign to see a business's confidential details. On DealRoom this is the Buyer Verification step before a Deal Book opens.
What it means in a deal
The NDA is the gatekeeper to confidential deal information. Once signed, it legally binds you to keep deal details private — financial data, customer lists, and deal structure. On DealRoom, the NDA is embedded in the Buyer Verification step: you sign digitally, your identity is verified, and the Deal Book unlocks automatically. This replaces the manual email-and-scan process most advisors use, and it creates a documented audit trail of who has seen what.
Related 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 2026-06-16 · 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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