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.
Operating Leases
are deducted on the company’s...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Capital Leases
are for the purchase of fixed assets such as...
Protégé
A firm in a developmental stage that...
Trend Analysis
A comparative analysis of...
Sole Proprietor
an individual who...
Days Receivable
A measure of the average time a...
B/E (Business EIDL) Loan
A business loan that...
Prime Contract
A contract awarded directly...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Credit Score Test
Part of the home loan CET show a...
Amortization
A non-cash operating expense that...
Guarantor
The legal entity and...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Fair and Reasonable Price
A price that is fair to both parties...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.