{"ok":true,"canonical_url":"https://dealroom.so/glossary/remitting","api_url":"https://dealroom.so/api/public/glossary/remitting","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":"remitting","term":"Remitting","group":"The loan itself","definition":"The act of sending money, often referring to the borrower sending payments to the lender. For 7(a) loans, it's how you make your monthly principal and interest payments.","what_it_means":"After your SBA 7(a) loan closes, you will be remitting monthly payments of principal and interest to your lender. Timely remitting is critical to avoid default and protect your business and personal assets.","url":"https://dealroom.so/glossary/remitting","official_sources":[],"related":[{"slug":"principal-and-interest","term":"Principal and interest","url":"https://dealroom.so/glossary/principal-and-interest"},{"slug":"loan-default","term":"Loan default","url":"https://dealroom.so/glossary/loan-default"},{"slug":"amortization","term":"Amortization","url":"https://dealroom.so/glossary/amortization"},{"slug":"repayment-capacity","term":"Repayment capacity","url":"https://dealroom.so/glossary/repayment-capacity"}],"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 — Remitting","url":"https://dealroom.so/glossary/remitting","source_type":"DealRoom Data"}}