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Glossary · People and paperwork

Vehicle title

In short

A legal document proving ownership of a vehicle. If business vehicles are part of the sale, the lender will need to ensure clear title transfer to the new business entity.

What it means in a deal

For any vehicles included as collateral or assets in the deal, the lender will require the original titles to confirm ownership and to place a lien on them. Ensure the seller can provide clean titles for all vehicles to avoid delays in closing.

Common questions about Vehicle title

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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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