Glossary · Doing the deal
Closing fee
In short
This is a collective term for various charges and expenses incurred at the final stage of a loan transaction. As a buyer, you need to account for these fees as part of your total project costs.
What it means in a deal
Closing fees can include a range of costs like packaging fees, legal fees, appraisal fees, and environmental reports. Your lender will provide a detailed breakdown early in the process. These fees are typically paid at closing and are often rolled into the SBA loan, but some may require an upfront payment or come from your equity injection.
Official sources
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.
Related terms
Common questions about Closing fee
- How does the lender remit the upfront SBA guaranty fee to the SBA after loan closing?
- When is the upfront SBA guaranty fee typically due during the loan application or closing process?
- Are there any other lender-specific fees beyond the SBA guaranty fee and ongoing servicing fee?
- What is the process for a lender to remit the SBA upfront guaranty fee after loan closing?
- Can I use pre-closing expenses, like a business broker's fee, as part of my equity injection?
- Can the lender charge application fees or underwriting fees in addition to the SBA guaranty 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.
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
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.