Glossary
SBA Terms

Comparative Analysis

Is designed to point out significant trends that occur from year to year by using more than one set of financial statements of comparable dates and time periods. A comparative analysis allows you to arrive at a more complete evaluation of the applicant’s financial position.

Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Equity
An accounting term used to...
Injury Period
The time period during...
Protégé
A firm in a developmental stage that...
Lien
A legal claim against an...
Sole Proprietor
an individual who...
Adjusted Net Worth
Post disaster fair market value of tangible...
Affiliate
Business concerns are affiliates if one concern...
Substantial Damage
This means uninsured or otherwise uncompensated...
Defense Contractor
Any person who enters into...
Comparative Analysis
Is designed to point out significant trends that...
Full and Open Competition
With respect to a contract action...
Acquisition
The acquiring of supplies or...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Trend Analysis
A comparative analysis of...
Small Business
A business smaller than...

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