Glossary
SBA Terms

Acquisition

The acquiring of supplies or services by the federal government with appropriated funds through purchase or lease.

Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Acquisition
The acquiring of supplies or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Intermediary Organization
Organizations that play a funda...
Collateral
Assets pledged by a borrower to secure a loan...
Cash Flow Test
Part of the CET that determines if...
Small Business
A business smaller than...
Negotiation
Contracting through the use of...
Assets
The amount of current assets that is left...
Mentor
A business, usually large, or...
Extraordinary Items
Additional expenses that are...
Contractor Team Arrangement
An arrangement in which...
Equity
An accounting term used to...
Protégé
A firm in a developmental stage that...
Electronic Data Interchange
Transmission of information bet...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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