Glossary · The loan itself
In short
The total dollar amount you pay to use credit. This includes interest and other fees, representing the full monetary cost of your loan.
In an SBA 7(a) loan, the finance charge includes all interest payments over the life of the loan, plus the upfront SBA guaranty fee and any ongoing servicing fees. Be sure to get a clear breakdown of all these charges from your lender to understand the true financial burden.
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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