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Glossary · The loan itself

Unsecured loan

In short

This is a loan not backed by specific collateral. While rare for 7(a) acquisition loans, some smaller business debts might be unsecured.

What it means in a deal

SBA 7(a) loans are typically secured by all available business assets and, if necessary, personal assets. You might encounter unsecured loans when reviewing the seller's existing debt. If you're consolidating or refinancing these, your new SBA loan will likely secure them. Understand which debts are secured versus unsecured as you assess liabilities.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

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.

Common questions about Unsecured loan

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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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