@elbertstreeteta: Financial Modeling Mini Series Epi 4 - Senior Debt: Amortization & Interest Expense Here I walk through how to calculate amortization and interest, as well as the flow of senior debt payoff to reach a balance of zero. Typical SBA Debt term is 10 years, but can be up to 25 if you buy real estate. As of today, interest expense is around 9-10% (Prime + Bank Spread). Questions / Comments? 👇 #buyabusiness #sbadebt #debtservice #amortization