{"ok":true,"canonical_url":"https://dealroom.so/glossary/adjustment-frequency","api_url":"https://dealroom.so/api/public/glossary/adjustment-frequency","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"adjustment-frequency","term":"Adjustment Frequency","group":"The loan itself","definition":"This specifies how often the interest rate on your variable rate SBA loan can change. Understanding it helps you anticipate potential fluctuations in your monthly loan payments.","what_it_means":"SBA 7(a) loans are typically variable rate, tied to a base rate like WSJ Prime or Term SOFR, plus a spread. The adjustment frequency dictates if your rate changes monthly, quarterly, or semi-annually. While a lower rate is good, be prepared for payment changes if the base rate increases, impacting your cash flow after debt service.","url":"https://dealroom.so/glossary/adjustment-frequency","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"variable-rate","term":"Variable rate","url":"https://dealroom.so/glossary/variable-rate"},{"slug":"wsj-prime","term":"WSJ Prime","url":"https://dealroom.so/glossary/wsj-prime"},{"slug":"spread","term":"Spread","url":"https://dealroom.so/glossary/spread"},{"slug":"term-sofr","term":"Term SOFR","url":"https://dealroom.so/glossary/term-sofr"}],"related_questions":[{"question":"What is the typical repayment frequency for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-typical-repayment-frequency-for-an-sba-7-a-loan"},{"question":"Under what specific circumstances can a lender change the frequency of payments (e.g., from monthly to quarterly) without SBA approval?","url":"https://dealroom.so/for-lenders/questions/under-what-specific-circumstances-can-a-lender-change-the-frequency-of-payments-e-g-from-m"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Adjustment Frequency","url":"https://dealroom.so/glossary/adjustment-frequency","source_type":"DealRoom Data"}}