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
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Primary Activity
The major business activity of...
Defense Contractor
Any person who enters into...
Cash Flow Test
Part of the CET that determines if...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Partnership
A type of unincorporated business org...
Working Capital (WC)
The amount of current assets that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Request for Proposal (RFP)
A document outlining a...
Credit Score Test
Part of the home loan CET show a...
Affiliated Group
When two or more...
Capital Leases
are for the purchase of fixed assets such as...
Depreciation
A non-cash operating expense that...
Intermediary Organization
Organizations that play a funda...
Injury Analysis
Measures the effects of...
Comparative Analysis
Is designed to point out significant trends that...

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