Glossary · Doing the deal
Attorney fee
In short
These are the costs you pay for legal services related to the business acquisition, including drafting documents, reviewing contracts, and ensuring compliance.
What it means in a deal
Your attorney will protect your interests, especially during due diligence and contract negotiation. These fees are a necessary part of total project costs and can often be financed into your SBA loan. Always get a clear fee estimate upfront.
Official sources
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.
Related terms
Common questions about Attorney fee
- Can an SBA 7(a) loan include funds for closing costs like attorney fees?
- Can professional fees incurred during the due diligence phase, like attorney or accountant fees, count towards my equity injection?
- Are closing costs, like attorney fees, eligible to be part of the project costs for an SBA loan?
- Are there any other lender-specific fees beyond the SBA guaranty fee and ongoing servicing fee?
- Can the lender charge application fees or underwriting fees in addition to the SBA guaranty fee?
- Are there annual servicing fees or other recurring charges beyond the SBA servicing fee?
Defined by CapBench 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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