Glossary · Doing the deal
In short
Costs incurred for services from advisors like attorneys, accountants, and brokers during the acquisition process. These are part of your total project costs for an SBA loan.
Professional fees are an expected and necessary part of buying a business. They cover legal review, financial due diligence, and broker commissions. Ensure these fees are clearly itemized in your commitment letter and purchase agreement, as many can be financed as part of your SBA loan.
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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