Glossary · The loan itself
In short
This details the timing and amount of your loan payments, including principal and interest, over the life of the loan. It's essential for budgeting and cash flow management.
Your loan agreement will outline your specific repayment schedule, usually with fixed monthly payments. Understand how interest (variable or fixed) will affect these payments. Ensure the business's projected cash flow can comfortably support these payments, considering the Debt Service Coverage Ratio (DSCR).
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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