Joint Venture

In the SBA Mentor-Protégé Program, an agreement between a certified 8(a) firm and a mentor firm to perform a specific federal contract.

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.
Protégé
A firm in a developmental stage that...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Liabilities
A financial obligation...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Days Receivable
A measure of the average time a...
Credit Elsewhere Test (CET)
The test to determine the...
Break-even Analysis
A calculation of the approximate sales...
Adjusted Net Worth
Post disaster fair market value of tangible...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Normal Annual Sales
Those sales that would have...
Trend Analysis
A comparative analysis of...
Phase 1
Process used to determine the...

Get the quick rundown on SBA Loans

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