Glossary · Doing the deal
In short
These are the costs you pay for legal services related to the business acquisition, including drafting documents, reviewing contracts, and ensuring compliance.
Your attorney will protect your interests, especially during due diligence and contract negotiation. These fees are a necessary part of total project costs and can often be financed into your SBA loan. Always get a clear fee estimate upfront.
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.
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