Glossary
SBA Terms

Electronic Data Interchange

Transmission of information between computers using highly standardized electronic versions of common business documents.

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.
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.
Guarantor
The legal entity and...
Fair and Reasonable Price
A price that is fair to both parties...
Current Assets
A balance sheet item which equals...
Limited Partnership
A business organization with one or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
GPM%
The measure of every sales dollar left...
Phase 1
Process used to determine the...
Small Disadvantaged Business Concern
A small business concern that...
SCORE
Counselors to America's Small Bus...
Adjusted Net Worth
Post disaster fair market value of tangible...
Comparative Analysis
Is designed to point out significant trends that...
Subsidiary
A company for which a majority of the...
Contractor Team Arrangement
An arrangement in which...
Injury Analysis
Measures the effects of...
Assets
The amount of current assets that is left...

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