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.
Small Business
A business smaller than...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Mentor
A business, usually large, or...
Prime Contract
A contract awarded directly...
Limited Partnership
A business organization with one or...
Cash Flow Test
Part of the CET that determines if...
Days Receivable
A measure of the average time a...
Injury Period
The time period during...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Capital Leases
are for the purchase of fixed assets such as...
Joint Venture
In the SBA Mentor-Protégé Program...
Primary Activity
The major business activity of...
Request for Proposal (RFP)
A document outlining a...
SCORE
Counselors to America's Small Bus...
Subsidiary
A company for which a majority of the...

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