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.
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Contracting
Purchasing, renting, leasing, or...
Applicant/Co-Applicant
Business entity and person requesting...
Collateral
Assets pledged by a borrower to secure a loan...
Income Statement
Shows the entity’s income and...
SCORE
Counselors to America's Small Bus...
Subsidiary
A company for which a majority of the...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
NAICS
NAICS codes are common...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Days Receivable
A measure of the average time a...
Physical Loans
Funds to repair/replace dis...
Comparative Analysis
Is designed to point out significant trends that...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Credit Score Test
Part of the home loan CET show a...

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