Adjusted Net Worth

Post disaster fair market value of tangible assets, less liabilities, within certain restrictions.

Updated on
September 8, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Joint Venture
In the SBA Mentor-Protégé Program...
Prime Contract
A contract awarded directly...
Credit Score Test
Part of the home loan CET show a...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Days Receivable
A measure of the average time a...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Credit Elsewhere Test (CET)
The test to determine the...
S-Corporation
A form of corporation, allowed by...
Emerging Small Business
A small business concern whose...
Liabilities
A financial obligation...
Injury Period
The time period during...
Capital Leases
are for the purchase of fixed assets such as...
Break-even Analysis
A calculation of the approximate sales...
Fair and Reasonable Price
A price that is fair to both parties...

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