Glossary
SBA Terms

Certified 8(a) Firm

A firm owned and operated by socially and economically disadvantaged individuals and eligible to receive federal contracts under the Small Business Administration’s 8(a) Business Development Program.

Updated on
September 9, 2022
Published on
June 20, 2018
Apply Here

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.
Depreciation
A non-cash operating expense that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Comparative Analysis
Is designed to point out significant trends that...
Liabilities
A financial obligation...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Primary Activity
The major business activity of...
Request for Proposal (RFP)
A document outlining a...
Contracting Officer
A person with the authority to...
Substantial Damage
This means uninsured or otherwise uncompensated...
Collateral
Assets pledged by a borrower to secure a loan...
Capital Leases
are for the purchase of fixed assets such as...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Applicant Individual
aka who is requesting an SBA loan...
Adjusted Net Worth
Post disaster fair market value of tangible...
Acquisition
The acquiring of supplies or...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.
How it Works
contact@sbaloans.orgPrivacyToS
SBA Loan Types
SBA 7a LoansSBA 504 LoansDisaster LoansMicroloans
SBA 7a Loan Types
SBA Express LoansStandard 7a Loans7a Small LoansExport Express Loans
SBA Loan Purposes
Buy a new business->Buy real estate->Refinance debt->Refi real estate->
SBA EDU
SBA FAQsSBA GlossaryAbout 7a LoansAbout 504 Loans
Get Started
SBA Loan App ->
SBA Loan RatesSBA Disaster AssistanceAbout Us
Copyright © 2026 Mainstreet Financial LLC
Secured with bank-level SSL
Built on Mainstreet
Powered by SBALoans.org