Glossary · The loan itself
In short
The contractual right to collect loan payments, manage escrow accounts, and handle customer service for a loan. Even if your lender sells your loan into a pool, they often retain the Servicing Rights, meaning you'll continue to interact with them.
Your lender will typically retain the Servicing Rights for your 7(a) loan, even if they sell the guaranteed portion on the Secondary market. This means your payments, inquiries, and any issues will still go through your original lender. This doesn't impact your loan terms, but it clarifies who you'll work with post-closing.
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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