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
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What does "Negotiated Addendum" mean?
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.
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.
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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