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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Electronic Data Interchange
Transmission of information bet...
Equity
An accounting term used to...
Capital Leases
are for the purchase of fixed assets such as...
Applicant/Co-Applicant
Business entity and person requesting...
Hardship Waiver
Method used to approve a...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Phase 1
Process used to determine the...
Best and Final Offer
For negotiated procurements...
Certificate of Competency
A certificate issued by the Small Bus...
Subsidiary
A company for which a majority of the...
Contractor Team Arrangement
An arrangement in which...
Business Activity
The business (or loss) activity of...
Break-even Analysis
A calculation of the approximate sales...

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