{"ok":true,"canonical_url":"https://dealroom.so/glossary/disbursement-schedule","api_url":"https://dealroom.so/api/public/glossary/disbursement-schedule","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":"disbursement-schedule","term":"Disbursement schedule","group":"Doing the deal","definition":"A disbursement schedule details when and how loan funds will be released to various parties (seller, landlord, vendors). It dictates the flow of cash at closing and post-closing.","what_it_means":"For a business acquisition, the disbursement schedule typically shows the bulk of funds going to the seller at closing, with some possibly held back for working capital or escrow. If the loan includes funds for leasehold improvements or inventory, those might be disbursed later. Review this schedule carefully to ensure it aligns with your deal terms and post-closing cash needs.","url":"https://dealroom.so/glossary/disbursement-schedule","official_sources":[],"related":[{"slug":"use-of-proceeds","term":"Use of proceeds","url":"https://dealroom.so/glossary/use-of-proceeds"},{"slug":"escrow-holdback","term":"Escrow / holdback","url":"https://dealroom.so/glossary/escrow-holdback"},{"slug":"working-capital","term":"Working capital","url":"https://dealroom.so/glossary/working-capital"},{"slug":"sba-loan-authorization","term":"SBA Loan Authorization","url":"https://dealroom.so/glossary/sba-loan-authorization"}],"related_questions":[{"question":"After SBA 7(a) loan approval, what's the typical timeframe for closing and disbursement?","url":"https://dealroom.so/sba-7a/questions/after-sba-7-a-loan-approval-what-s-the-typical-timeframe-for-closing-and-disbursement"},{"question":"How does a lender resolve an E-Tran error where the authorized loan amount is incorrect after approval but before disbursement?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-resolve-an-e-tran-error-where-the-authorized-loan-amount-is-incorrect-af"},{"question":"Does the SBA set specific repayment schedules for 7(a) loans?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-set-specific-repayment-schedules-for-7-a-loans"}]},"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 — Disbursement schedule","url":"https://dealroom.so/glossary/disbursement-schedule","source_type":"DealRoom Data"}}