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.
Explore 7a loans

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.
SCORE
Counselors to America's Small Bus...
Current Liabilities
A balance sheet item, which...
Negotiation
Contracting through the use of...
Operating Leases
are deducted on the company’s...
Duplicated Interest
The amount of interest exp...
Partnering
A mutually beneficial business-to-bus...
Small Disadvantaged Business Concern
A small business concern that...
Affiliates
Business concerns, organizations, or...
Extraordinary Items
Additional expenses that are...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Substantial Damage
This means uninsured or otherwise uncompensated...
Normal Gross Margin
The margin that would have been...
Contract
A mutually binding legal rel..
Subcontract
A contract between a prime cont...
S-Corporation
A form of corporation, allowed by...

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