Glossary · The loan itself
Remitting
In short
The act of sending money, often referring to the borrower sending payments to the lender. For 7(a) loans, it's how you make your monthly principal and interest payments.
What it means in a deal
After your SBA 7(a) loan closes, you will be remitting monthly payments of principal and interest to your lender. Timely remitting is critical to avoid default and protect your business and personal assets.
Related terms
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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