{"ok":true,"canonical_url":"https://dealroom.so/glossary/business-debt-refinancing","api_url":"https://dealroom.so/api/public/glossary/business-debt-refinancing","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":"business-debt-refinancing","term":"Business debt refinancing","group":"The loan itself","definition":"Business debt refinancing involves replacing existing business debt with a new loan, often to get better terms, lower interest rates, or consolidate multiple debts.","what_it_means":"An SBA 7(a) loan can be used for business debt refinancing, though it's less common for acquisitions where you're primarily buying a new business. If the acquisition involves assuming existing seller debt or improving the acquired business's balance sheet, refinancing might be a component of the overall use of proceeds.","url":"https://dealroom.so/glossary/business-debt-refinancing","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"},{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"use-of-proceeds","term":"Use of proceeds","url":"https://dealroom.so/glossary/use-of-proceeds"},{"slug":"sba-loan-authorization","term":"SBA Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"conventional-loan","term":"Conventional loan","url":"https://dealroom.so/glossary/conventional-loan"}],"related_questions":[{"question":"Is it possible to use an SBA 7(a) loan for business debt refinancing?","url":"https://dealroom.so/sba-loans/basics/is-it-possible-to-use-an-sba-7-a-loan-for-business-debt-refinancing"},{"question":"What conditions must be met to use an SBA 7(a) loan for refinancing existing business debt?","url":"https://dealroom.so/sba-loans/basics/what-conditions-must-be-met-to-use-an-sba-7-a-loan-for-refinancing-existing-business-debt"},{"question":"Can I use an SBA 7(a) loan to refinance existing business debt?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-refinance-existing-business-debt"},{"question":"Can an SBA 7(a) loan be used to refinance existing business debt?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-refinance-existing-business-debt"},{"question":"Can a new business owner use an SBA 7(a) loan to refinance existing business debt?","url":"https://dealroom.so/sba-loans/basics/can-a-new-business-owner-use-an-sba-7-a-loan-to-refinance-existing-business-debt"},{"question":"What if the seller holds a significant portion of the acquired business's debt?","url":"https://dealroom.so/sba-7a/questions/what-if-the-seller-holds-a-significant-portion-of-the-acquired-business-s-debt"}]},"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 — Business debt refinancing","url":"https://dealroom.so/glossary/business-debt-refinancing","source_type":"DealRoom Data"}}