{"ok":true,"canonical_url":"https://dealroom.so/glossary/reset-period","api_url":"https://dealroom.so/api/public/glossary/reset-period","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":"reset-period","term":"Reset period","group":"The loan itself","definition":"The frequency at which the variable interest rate on your SBA loan is adjusted. Common reset periods are monthly, quarterly, or semi-annually.","what_it_means":"If your SBA loan has a variable interest rate (e.g., Fixed Spread SOFR + margin), the reset period dictates how often that rate changes. A monthly reset means more frequent payment adjustments, while a quarterly reset offers more stability between changes. Understand your loan's reset period to anticipate changes in your debt service.","url":"https://dealroom.so/glossary/reset-period","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":"interest-rate-adjustment","term":"Interest rate adjustment","url":"https://dealroom.so/glossary/interest-rate-adjustment"},{"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"}],"related_questions":[{"question":"Can a lender approve a deferment period without prior SBA approval?","url":"https://dealroom.so/for-lenders/questions/can-a-lender-approve-a-deferment-period-without-prior-sba-approval"},{"question":"What is the typical repayment period for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-typical-repayment-period-for-an-sba-7-a-loan"},{"question":"Can a full standby seller note accrue interest during the standby period?","url":"https://dealroom.so/for-lenders/questions/can-a-full-standby-seller-note-accrue-interest-during-the-standby-period"},{"question":"What is the usual repayment period for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-usual-repayment-period-for-an-sba-7-a-loan"},{"question":"What happens if the acquired business declines significantly during the loan underwriting period?","url":"https://dealroom.so/sba-7a/questions/what-happens-if-the-acquired-business-declines-significantly-during-the-loan-underwriting-"},{"question":"What is the maximum repayment period allowed for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-maximum-repayment-period-allowed-for-an-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 — Reset period","url":"https://dealroom.so/glossary/reset-period","source_type":"DealRoom Data"}}