{"ok":true,"canonical_url":"https://dealroom.so/glossary/margin","api_url":"https://dealroom.so/api/public/glossary/margin","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":"margin","term":"Margin","group":"The loan itself","definition":"This is the fixed percentage added to the variable index rate (like WSJ Prime or Term SOFR) to determine your loan's interest rate. It's the lender's profit component.","what_it_means":"Your SBA 7(a) loan will have a variable interest rate, typically calculated as Index + Margin. The margin is set at closing and remains constant. Focus on negotiating the lowest possible margin within SBA limits, as it directly impacts your ongoing interest payments.","url":"https://dealroom.so/glossary/margin","official_sources":[{"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"},{"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":"index","term":"Index","url":"https://dealroom.so/glossary/index"},{"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":"interest-payment","term":"Interest Payment","url":"https://dealroom.so/glossary/interest-payment"}],"related_questions":[]},"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 — Margin","url":"https://dealroom.so/glossary/margin","source_type":"DealRoom Data"}}