Glossary · The loan itself
In short
A scheduled loan payment that is postponed to a later date. This offers temporary financial relief but usually results in higher overall interest paid over the life of the loan.
In certain situations, your lender might approve deferred payments, particularly during a workout arrangement or after a natural disaster. For an SBA 7(a) loan, any deferment must be approved by the lender and adhere to specific SBA servicing guidelines. It's a temporary measure, not a long-term solution for ongoing cash flow issues.
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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