SBA Terms

DBA

Doing Business As - generally a trade name such as “Bob’s Burgers” is used, instead of the legal name of Blocker & Sons LLC.

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.

Limited Partnership

A business organization with one or...

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Joint Venture

In the SBA Mentor-Protégé Program...

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Income Statement

Shows the entity’s income and...

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Collateral

Assets pledged by a borrower to secure a loan...

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Substantial Damage

This means uninsured or otherwise uncompensated...

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Current Liabilities

A balance sheet item, which...

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Working Capital (WC)

The amount of current assets that...

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Partnering

A mutually beneficial business-to-bus...

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Depreciation

A non-cash operating expense that...

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Credit Elsewhere Test (CET)

The test to determine the...

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Comparative Analysis

Is designed to point out significant trends that...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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Operating Leases

are deducted on the company’s...

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Lien

A legal claim against an...

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Electronic Data Interchange

Transmission of information bet...

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DBA

SBA 7a Loans

SBA 504 Loans

SBA Microloans

Common SBA Terms

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SBA Loan Types

SBA 7a Loan Types

SBA Loan Purposes

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