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.
Fair and Reasonable Price
A price that is fair to both parties...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Mentor
A business, usually large, or...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Capital Leases
are for the purchase of fixed assets such as...
Negotiation
Contracting through the use of...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Credit Elsewhere Test (CET)
The test to determine the...
Credit Score Test
Part of the home loan CET show a...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Affiliated Group
When two or more...
Affiliates
Business concerns, organizations, or...
Equity
An accounting term used to...
Duplicated Interest
The amount of interest exp...

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