Glossary · The loan itself
Lender closing costs
In short
These are fees and expenses charged by the lender to process and close your SBA loan, beyond the principal and interest. They add to your total project cost and can often be financed as part of the loan.
What it means in a deal
Lender closing costs typically include items like application fees, packaging fees, legal fees, appraisal fees, and environmental report costs. Review the SBA Loan Authorization carefully to understand all itemized costs. Negotiate what you can, but expect certain third-party costs as standard for a 7(a) acquisition.
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 Lender closing costs
- Are closing costs, like attorney fees, eligible to be part of the project costs for an SBA loan?
- How does a lender handle a 7(a) loan authorization amendment request for an increase in project costs post-closing?
- Can an SBA 7(a) loan cover closing costs associated with a business acquisition?
- Can an SBA 7(a) loan include funds for closing costs like attorney fees?
- Can the seller's payment of closing costs on my behalf count towards my equity injection?
- Can an SBA 7(a) loan cover closing costs and professional fees for a business acquisition?
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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