Assets

Any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities, accounts receivable, inventory, office equipment, a house, a car, and other property.

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.
Days Payable
A measure of the average time a...
Corporation (C-corp.)
The most common form of business org...
Normal Gross Margin
The margin that would have been...
Negotiation
Contracting through the use of...
Principal
the owner(s) of the Applicant Entity that...
Assets
The amount of current assets that is left...
Sole Proprietor
an individual who...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Collateral
Assets pledged by a borrower to secure a loan...
Joint Venture
In the SBA Mentor-Protégé Program...
Partnering
A mutually beneficial business-to-bus...
Limited Partnership
A business organization with one or...
Credit Score Test
Part of the home loan CET show a...
Lien
A legal claim against an...
Federal Acquisition Regulation (FAR)
The body of regulations which is...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.