Glossary · The loan itself
Fixed margin
In short
In a variable interest rate loan, this is the constant percentage added to a fluctuating base rate (like WSJ Prime or SOFR) to determine your total interest rate. The margin itself does not change.
What it means in a deal
Most SBA 7(a) loans have variable interest rates. Your interest rate will be the base rate plus a fixed margin, for example, WSJ Prime + 2.75%. Understand that while the margin is fixed, your actual interest payments will fluctuate with the base rate, impacting your monthly debt service.
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 Fixed margin
- Are SBA 7(a) loan interest rates fixed or variable?
- Are SBA 7(a) loan interest rates typically fixed or variable?
- Are interest rates on SBA 7(a) loans fixed or variable?
- Are SBA 7(a) loan interest rates fixed or variable, or both?
- Are interest rates on SBA 7(a) loans generally fixed or adjustable?
- Are SBA 7(a) loan interest rates usually fixed or variable over time?
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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