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.
Explore 7a loans

SBA 504 Loans

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

SBA Microloans

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

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Injury Period
The time period during...
Affiliate
Business concerns are affiliates if one concern...
Trend Analysis
A comparative analysis of...
Defense Contractor
Any person who enters into...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Extraordinary Items
Additional expenses that are...
Credit Score Test
Part of the home loan CET show a...
Substantial Damage
This means uninsured or otherwise uncompensated...
Days Payable
A measure of the average time a...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Duplicated Interest
The amount of interest exp...
Applicant/Co-Applicant
Business entity and person requesting...
Contractor Team Arrangement
An arrangement in which...
Subcontract
A contract between a prime cont...

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