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.
Negotiation
Contracting through the use of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Phase 1
Process used to determine the...
Fair and Reasonable Price
A price that is fair to both parties...
Equity
An accounting term used to...
Current Liabilities
A balance sheet item, which...
Affiliates
Business concerns, organizations, or...
Mentor
A business, usually large, or...
Break-even Analysis
A calculation of the approximate sales...
Joint Venture
In the SBA Mentor-Protégé Program...
Intermediary Organization
Organizations that play a funda...
Partnership
A type of unincorporated business org...
Credit Elsewhere Test (CET)
The test to determine the...
SCORE
Counselors to America's Small Bus...
Normal Annual Sales
Those sales that would have...

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