Glossary · Doing the deal
Negotiated Addendum
In short
A separate document that modifies or adds specific terms to an existing agreement, such as a purchase agreement or loan document, after its initial drafting.
What it means in a deal
During due diligence or loan closing, you might discover items that require changes to the original LOI or Loan Agreement. An addendum is used to formalize these agreed-upon changes without redrafting the entire document. Ensure all parties sign and date it.
Related terms
Common questions about Negotiated Addendum
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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