{"ok":true,"canonical_url":"https://dealroom.so/glossary/interest-rate-adjustment","api_url":"https://dealroom.so/api/public/glossary/interest-rate-adjustment","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":"interest-rate-adjustment","term":"Interest rate adjustment","group":"The loan itself","definition":"The change in your loan's interest rate over time if you have a variable rate loan. These adjustments are usually tied to an index like SOFR or Prime, impacting your monthly payment.","what_it_means":"Most SBA 7(a) loans are variable rate, meaning your interest rate will adjust periodically based on changes to the underlying index (Fixed Spread SOFR or Prime Rate). Know your reset period and understand how interest rate movements will affect your debt service and cash flow projections. Factor potential increases into your financial planning.","url":"https://dealroom.so/glossary/interest-rate-adjustment","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":"variable-interest-rate","term":"Variable interest rate","url":"https://dealroom.so/glossary/variable-interest-rate"},{"slug":"fixed-spread-sofr","term":"Fixed Spread SOFR","url":"https://dealroom.so/glossary/fixed-spread-sofr"},{"slug":"sofr","term":"SOFR","url":"https://dealroom.so/glossary/sofr"},{"slug":"prime-rate","term":"Prime Rate","url":"https://dealroom.so/glossary/prime-rate"}],"related_questions":[{"question":"How are variable interest rate adjustments determined for an SBA 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/how-are-variable-interest-rate-adjustments-determined-for-an-sba-7-a-loan"},{"question":"How are the specific variable interest rate adjustments determined for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/how-are-the-specific-variable-interest-rate-adjustments-determined-for-an-sba-7-a-loan"},{"question":"What is the difference between a fixed interest rate and a variable interest rate on an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-difference-between-a-fixed-interest-rate-and-a-variable-interest-rate-on-an-sb"},{"question":"How is the interest rate cap determined for a variable rate 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/how-is-the-interest-rate-cap-determined-for-a-variable-rate-7-a-loan"},{"question":"How often can the interest rate on a variable-rate SBA 7(a) loan adjust?","url":"https://dealroom.so/sba-7a/questions/how-often-can-the-interest-rate-on-a-variable-rate-sba-7-a-loan-adjust"},{"question":"How often can the interest rate change on a variable-rate SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/how-often-can-the-interest-rate-change-on-a-variable-rate-sba-7-a-loan"}]},"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 — Interest rate adjustment","url":"https://dealroom.so/glossary/interest-rate-adjustment","source_type":"DealRoom Data"}}