Limited Liability Entities (company/partnership)

An LLE provides business owners with the favorable liability protection of corporations with the informality and tax advantages available to partnerships. It is a pass-through entity, like a partnership where the taxable income or loss is reported on the tax returns of the owners.

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.
GPM%
The measure of every sales dollar left...
Capital Leases
are for the purchase of fixed assets such as...
Business Activity
The business (or loss) activity of...
Applicant Entity
The business entity requesting...
Small Business
A business smaller than...
Applicant Individual
aka who is requesting an SBA loan...
Hardship Waiver
Method used to approve a...
Sole Proprietor
an individual who...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Request for Proposal (RFP)
A document outlining a...
Physical Loans
Funds to repair/replace dis...
Affiliates
Business concerns, organizations, or...
Days Payable
A measure of the average time a...
Injury Analysis
Measures the effects of...
Primary Activity
The major business activity of...

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