Glossary · People and paperwork
In short
This entity handles administrative tasks for debt securities, such as managing bondholder records, processing interest payments, and facilitating transfers of ownership.
For SBA 7(a) loans, the fiscal and transfer agent (often the same entity) manages the sale and transfer of the guaranteed portion of your loan in the secondary market. While you won't directly interact with them, they're part of the system that allows lenders to sell loans.
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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