{"ok":true,"canonical_url":"https://dealroom.so/glossary/fiscal-and-transfer-agent","api_url":"https://dealroom.so/api/public/glossary/fiscal-and-transfer-agent","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":"fiscal-and-transfer-agent","term":"Fiscal and Transfer Agent","group":"People and paperwork","definition":"This entity handles administrative tasks for debt securities, such as managing bondholder records, processing interest payments, and facilitating transfers of ownership.","what_it_means":"For SBA 7(a) loans, the fiscal and transfer agent (often the same entity) manages the sale and transfer of the guaranteed portion of your loan in the secondary market. While you won't directly interact with them, they're part of the system that allows lenders to sell loans.","url":"https://dealroom.so/glossary/fiscal-and-transfer-agent","official_sources":[],"related":[{"slug":"secondary-market","term":"Secondary Market","url":"https://dealroom.so/glossary/secondary-market"},{"slug":"pooling","term":"Pooling","url":"https://dealroom.so/glossary/pooling"},{"slug":"servicing","term":"Servicing","url":"https://dealroom.so/glossary/servicing"},{"slug":"guaranty","term":"Guaranty","url":"https://dealroom.so/glossary/guaranty"}],"related_questions":[{"question":"What are the current fiscal year 2026 upfront guaranty fee rates for 7(a) loans?","url":"https://dealroom.so/for-lenders/questions/what-are-the-current-fiscal-year-2026-upfront-guaranty-fee-rates-for-7-a-loans"},{"question":"Can an SBA 7(a) loan cover the cost of a franchise transfer fee in an acquisition?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-cover-the-cost-of-a-franchise-transfer-fee-in-an-acquisition"},{"question":"How does the SBA review franchise agreements for compliance if there are unusual clauses regarding termination or transfer?","url":"https://dealroom.so/sba-7a/questions/how-does-the-sba-review-franchise-agreements-for-compliance-if-there-are-unusual-clauses-r"},{"question":"What if a significant portion of the business's historical revenue came from a single, concentrated customer that will not transfer to the new owner?","url":"https://dealroom.so/for-lenders/questions/what-if-a-significant-portion-of-the-business-s-historical-revenue-came-from-a-single-conc"},{"question":"What is the relationship between SBA Form 1919 and 1920, and which is currently required for 7(a) loan applications?","url":"https://dealroom.so/for-lenders/questions/what-is-the-relationship-between-sba-form-1919-and-1920-and-which-is-currently-required-fo"},{"question":"What is the ongoing annual service fee for a 7(a) loan, and how is it calculated and remitted by the lender?","url":"https://dealroom.so/for-lenders/questions/what-is-the-ongoing-annual-service-fee-for-a-7-a-loan-and-how-is-it-calculated-and-remitte"}]},"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 — Fiscal and Transfer Agent","url":"https://dealroom.so/glossary/fiscal-and-transfer-agent","source_type":"DealRoom Data"}}