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Glossary · Doing the deal

Private sale

In short

A sale of assets or a business negotiated directly between a seller and a specific buyer, without an open bidding process. This is common for small business acquisitions.

What it means in a deal

Most small business acquisitions, including those financed by an SBA 7(a) loan, are private sales. You'll negotiate terms directly with the seller. Your due diligence and legal agreements are crucial here to protect your interests.

Common questions about Private sale

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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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