Glossary · The loan itself
Tranche
In short
A segment or portion of a larger loan or security, often with different terms, risks, and interest rates.
What it means in a deal
While less common in a single 7(a) acquisition loan, you might see this term if your overall financing package is complex, involving multiple lenders or different types of debt, each with its own specific terms. Your SBA loan would usually be one distinct tranche.
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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