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Independent research · Not a lender or broker · We never take applications|Disclosures

Glossary

Prime rate

The base rate most variable-rate SBA 7(a) loans are pegged to.

SBA rules cap the spread a lender may charge over the base rate, tiered by loan size and term. Smaller loans carry a wider permitted spread.

Because most 7(a) loans are variable, payments move when prime moves.

See also

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