Emerging Small Business

A small business concern whose size is no greater than 50 percent of the numerical size standard applicable to the Standard Industrial Classification code assigned to a contracting opportunity.

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.
Applicant Entity
The business entity requesting...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Affiliated Group
When two or more...
Capital Leases
are for the purchase of fixed assets such as...
Joint Venture
In the SBA Mentor-Protégé Program...
Defense Contractor
Any person who enters into...
Prime Contract
A contract awarded directly...
Current Liabilities
A balance sheet item, which...
Cash-basis Accounting
records revenue when cash is...
Subcontract
A contract between a prime cont...
Partnering
A mutually beneficial business-to-bus...
Depreciation
A non-cash operating expense that...
Certificate of Competency
A certificate issued by the Small Bus...
Credit Score Test
Part of the home loan CET show a...
Business Activity
The business (or loss) activity of...

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