Glossary
SBA Terms

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
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans

SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Subcontract
A contract between a prime cont...
Current Liabilities
A balance sheet item, which...
Contracting
Purchasing, renting, leasing, or...
Affiliated Group
When two or more...
B/E (Business EIDL) Loan
A business loan that...
Physical Loans
Funds to repair/replace dis...
Affiliates
Business concerns, organizations, or...
Subsidiary
A company for which a majority of the...
Current Assets
A balance sheet item which equals...
S-Corporation
A form of corporation, allowed by...
Full and Open Competition
With respect to a contract action...
Income Statement
Shows the entity’s income and...
Emerging Small Business
A small business concern whose...
Days Receivable
A measure of the average time a...
Injury Period
The time period during...

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