Glossary · Doing the deal
In short
These are expenses the lender incurs to evaluate your loan application, assess risk, and ensure compliance. They cover due diligence on the borrower and business.
Underwriting costs can include credit reports, business valuations, appraisals, and environmental assessments. These are typically part of your total project costs. Factor them into your initial financial planning and review them carefully.
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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