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.
Injury Analysis
Measures the effects of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Contract
A mutually binding legal rel..
Operating Leases
are deducted on the company’s...
Limited Partnership
A business organization with one or...
Cash Flow Test
Part of the CET that determines if...
NAICS
NAICS codes are common...
Subsidiary
A company for which a majority of the...
Contractor Team Arrangement
An arrangement in which...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Primary Activity
The major business activity of...
Depreciation
A non-cash operating expense that...
Protégé
A firm in a developmental stage that...
Substantial Damage
This means uninsured or otherwise uncompensated...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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