Lien

A legal claim against an asset which is used to secure a loan and which must be paid when the property is sold.

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.
Duplicated Interest
The amount of interest exp...
B/E (Business EIDL) Loan
A business loan that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Intermediary Organization
Organizations that play a funda...
Contracting
Purchasing, renting, leasing, or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Liabilities
A financial obligation...
Mentor
A business, usually large, or...
S-Corporation
A form of corporation, allowed by...
Acquisition
The acquiring of supplies or...
Affiliate
Business concerns are affiliates if one concern...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Break-even Analysis
A calculation of the approximate sales...
Days Receivable
A measure of the average time a...

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