Glossary · The loan itself
In short
This is the length of time you have to repay the loan. A longer term means lower monthly payments but more interest paid over time.
For a 7(a) business acquisition loan without real estate, the maximum term is typically 10 years. If the acquisition includes real estate, the term can extend up to 25 years. This significantly impacts your monthly cash flow after debt service.
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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