Glossary · Doing the deal
In short
These are non-physical expenses in a project or acquisition, like legal, accounting, and consulting fees. They add to the total project cost but aren't tangible assets.
In an SBA acquisition, soft costs are part of your Total Project Costs and can often be financed by the SBA loan. Keep detailed records of these expenses, as your lender will review them as part of the Use of Proceeds.
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.
Line up financing while you're under LOI
Tell us the business, the price, and your timeline — we'll match you with lenders who close deals like yours and flag anything that stalls the process.
Free · No documents · Usually same-day