SBA Loan Requirements for Contract Due Diligence

If you are financing an SMB acquisition with an SBA 7(a) loan, your lender is your gatekeeper. The diligence items they require are not optional, and the contract review they demand is different from the review an unfinanced buyer might accept. Understanding what the SBA lender cares about before you submit the loan package saves weeks of back-and-forth.

This guide covers the contract due diligence items SBA 7(a) lenders consistently require on SMB acquisitions in the $1M to $10M enterprise value range. It focuses on the contract review, not the broader financial diligence (QoE, tax returns, cash flow analysis), which is the CPA's lane.

H2: The customer concentration review

H2: The lease assignment review

H2: The key employee review

H2: The seller financing note review

H2: Personal guarantee requirements

H2: The diligence timeline SBA lenders actually run

H2: How Inkvex's diligence output maps to SBA requirements

Try Inkvex on your acquisition documents

Inkvex reviews APAs, commercial lease assignments, employment agreements, and seller financing notes for self-funded searchers using SBA 7(a) financing. Standard analysis runs on Sonnet 4.6. Enhanced analysis (Searcher Sub or Deal Pack) runs on Opus 4.7 and adds an executive deal verdict, cross-reference map across schedules, and negotiation points.

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