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 Receivable
A measure of the average time a...
Adjusted Net Worth
Post disaster fair market value of tangible...
Joint Venture
In the SBA Mentor-Protégé Program...
Cash Flow Test
Part of the CET that determines if...
Certified 8(a) Firm
A firm owned and operated by socially and...
Applicant Entity
The business entity requesting...
Injury Analysis
Measures the effects of...
Duplicated Interest
The amount of interest exp...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Electronic Data Interchange
Transmission of information bet...
Contracting Officer
A person with the authority to...
Trend Analysis
A comparative analysis of...
Contract
A mutually binding legal rel..
Cash-basis Accounting
records revenue when cash is...

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