Mentor

A business, usually large, or other organization that has created a specialized program to advance strategic relationships with small businesses.

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.
Contract
A mutually binding legal rel..
Comparative Analysis
Is designed to point out significant trends that...
Prime Contract
A contract awarded directly...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Subsidiary
A company for which a majority of the...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Mentor
A business, usually large, or...
Depreciation
A non-cash operating expense that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Amortization
A non-cash operating expense that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Full and Open Competition
With respect to a contract action...
Subcontract
A contract between a prime cont...
Partnership
A type of unincorporated business org...
Income Statement
Shows the entity’s income and...

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