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.
Best and Final Offer
For negotiated procurements...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Electronic Data Interchange
Transmission of information bet...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Negotiation
Contracting through the use of...
Mentor
A business, usually large, or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Injury Analysis
Measures the effects of...
Operating Leases
are deducted on the company’s...
SCORE
Counselors to America's Small Bus...
Current Assets
A balance sheet item which equals...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Disadvantaged Business Concern
A small business concern that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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