Glossary · The loan itself
In short
The complete financial expense of taking out a loan, encompassing all interest, fees, and charges over the loan's life. This is the bottom-line dollar figure for your borrowing.
For an SBA 7(a) acquisition loan, the total cost of credit includes the principal, all interest payments, the SBA guaranty fee, ongoing servicing fees, and any lender processing or packaging fees. Demand a detailed amortization schedule and a full list of all fees from your lender to understand your total financial outlay.
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.
See which SBA lenders would fund your deal
Tell us the business, the price, and where you are — we'll point you to the lenders most likely to approve a 7(a) like yours and flag what trips up approval.
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