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.
Certificate of Competency
A certificate issued by the Small Bus...
Hardship Waiver
Method used to approve a...
Primary Activity
The major business activity of...
Negotiation
Contracting through the use of...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Corporation (C-corp.)
The most common form of business org...
B/E (Business EIDL) Loan
A business loan that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
GPM%
The measure of every sales dollar left...
Normal Annual Sales
Those sales that would have...
Capital Leases
are for the purchase of fixed assets such as...
Duplicated Interest
The amount of interest exp...
S-Corporation
A form of corporation, allowed by...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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