GPM%

Gross Profit (GP) / Net Sales (NS). The measure of every sales dollar left after paying for the product; what percent of the sales dollar is left to cover operating costs and to create a profit.

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.
Electronic Data Interchange
Transmission of information bet...
Partnership
A type of unincorporated business org...
Emerging Small Business
A small business concern whose...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Contract
A mutually binding legal rel..
S-Corporation
A form of corporation, allowed by...
Companion File
When an applicant has another application filed...
Adjusted Net Worth
Post disaster fair market value of tangible...
Cash Flow Test
Part of the CET that determines if...
Assets
The amount of current assets that is left...
Contracting
Purchasing, renting, leasing, or...
Certificate of Competency
A certificate issued by the Small Bus...
Current Liabilities
A balance sheet item, which...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Credit Elsewhere Test (CET)
The test to determine the...

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