Glossary · The loan itself
In short
This refers to the specific terms and conditions of your loan, including interest rate, repayment schedule, collateral requirements, and any covenants. It's the blueprint of your financing.
The loan structure dictates how much you pay, when you pay it, and what assets secure the loan. Pay close attention to the interest rate (fixed or variable), term, amortization schedule, and any personal guarantees or collateral requirements. Understand how the lender's commitment letter outlines the full structure before you proceed.
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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