Glossary · Doing the deal
In short
This means two or more loans or agreements end on the same date. In SBA deals, it usually refers to aligning repayment terms.
If you have existing business debt or are taking on a seller note alongside your SBA 7(a) loan, lenders may require these other debts to be co-terminus with the SBA loan. This simplifies the repayment structure and ensures the SBA loan maintains a primary lien position without other debts extending beyond its term.
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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