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.
Normal Gross Margin
The margin that would have been...
Request for Proposal (RFP)
A document outlining a...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliate
Business concerns are affiliates if one concern...
Partnering
A mutually beneficial business-to-bus...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Trend Analysis
A comparative analysis of...
Sole Proprietor
an individual who...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Break-even Analysis
A calculation of the approximate sales...
Normal Annual Sales
Those sales that would have...
Duplicated Interest
The amount of interest exp...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Certificate of Competency
A certificate issued by the Small Bus...
Substantial Damage
This means uninsured or otherwise uncompensated...

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