Glossary · People and paperwork
Request for Additional Information(RFAI)
In short
A formal request from the SBA or a lender for more details or documents during the loan application or review process. Respond promptly to keep your deal moving.
What it means in a deal
Expect RFAs during underwriting. It's common for lenders to need clarification on financial statements, ownership structures, or specific eligibility points. Provide clear, concise, and complete answers quickly to avoid delays in your SBA 7(a) loan approval.
Official sources
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.
Related terms
Common questions about Request for Additional Information
- What critical information often missing from a Universal Purchase Package (UPP) leads to an SBA request for more information?
- Which additional SBA forms are universally required for all 7(a) loan applications, beyond the borrower information form?
- What information from SBA Form 1919 must precisely match E-Tran for a successful 7(a) loan authorization request?
- How does a lender respond if the SBA requests additional information or clarification during the guaranty purchase review process?
- What specific information must a lender submit in E-Tran to request a 7(a) loan increase after authorization?
- What if the lender requests additional appraisals for assets late in the process?
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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