Glossary · People and paperwork
Third-party agent
In short
A third-party agent is any person or entity, other than the borrower or lender, who helps with the loan process, like a broker or consultant. They often charge fees for their services.
What it means in a deal
Be aware that the SBA regulates fees paid to third-party agents. Ensure all such fees are disclosed, reasonable, and for actual services rendered. Some fees, like packaging fees, can be financed into the loan, but others may be out-of-pocket expenses.
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 Third-party agent
- Can a third-party loan, not from the seller, count towards the minimum equity injection?
- What specific language must a non-SBA third-party standby agreement include to ensure eligibility?
- How does a lender verify the full standby status of a non-SBA third-party debt?
- Can an SBA 7(a) loan finance the purchase of intellectual property rights from a third party?
- What are the eligibility requirements for funds borrowed from a third party to count as equity injection?
- Can I use an SBA 7(a) loan to purchase a business from an unrelated third party?
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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