Glossary · The loan itself
In short
A clause in your loan agreement that allows the lender to demand immediate repayment of the entire outstanding loan balance if you default. This is a serious consequence of failing to meet your loan obligations.
If you breach the loan agreement (e.g., miss payments, fail to maintain insurance, or violate covenants), the lender can "accelerate" the note. This means the full remaining balance becomes due immediately, rather than over the original loan term. It's a key enforcement tool for the lender and a clear indicator of loan default.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
See which SBA lenders would fund your deal
Tell us the business, the price, and where you are — we'll point you to the lenders most likely to approve a 7(a) like yours and flag what trips up approval.
Free · No documents · Usually same-day