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.
Applicant Entity
The business entity requesting...
Companion File
When an applicant has another application filed...
B/E (Business EIDL) Loan
A business loan that...
Days Receivable
A measure of the average time a...
Operating Leases
are deducted on the company’s...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Affiliate
Business concerns are affiliates if one concern...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Fair and Reasonable Price
A price that is fair to both parties...
Physical Loans
Funds to repair/replace dis...
Break-even Analysis
A calculation of the approximate sales...
Certified 8(a) Firm
A firm owned and operated by socially and...
Intermediary Organization
Organizations that play a funda...
Acquisition
The acquiring of supplies or...

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