Glossary · Doing the deal
In short
This is the payment for professional advice or services from an expert. In an acquisition, it often covers M&A advisors, business brokers, or other specialists.
Consulting fees related to the acquisition are typically considered Soft Costs and can be included in the Total Project Costs for SBA financing. Ensure these fees are reasonable and properly documented as part of your Use of Proceeds.
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.
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