Glossary · The loan itself
Installment agreement
In short
An arrangement to make regular, periodic payments to satisfy a debt. This describes how you'll pay back your SBA 7(a) loan over its term.
What it means in a deal
Your SBA loan requires an installment agreement, meaning you pay a set amount each month, usually covering both principal and interest. Review the loan documents carefully to confirm the payment schedule and any potential fees for late payments.
Related terms
Common questions about Installment agreement
- How does life insurance effectively fund a business buy-sell agreement?
- How does the purchase agreement structure affect an SBA partner buyout?
- How does an operating agreement impact an SBA partner buyout loan?
- What happens if the seller terminates the purchase agreement mid-process?
- What are the specific conditions for an acceptable full standby agreement?
- What if a franchise agreement contains provisions for indemnification that concern the SBA?
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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