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.
Extraordinary Items
Additional expenses that are...
S-Corporation
A form of corporation, allowed by...
Guarantor
The legal entity and...
Defense Contractor
Any person who enters into...
Current Liabilities
A balance sheet item, which...
Certified 8(a) Firm
A firm owned and operated by socially and...
Trend Analysis
A comparative analysis of...
Affiliates
Business concerns, organizations, or...
Mentor
A business, usually large, or...
Assets
The amount of current assets that is left...
Contracting
Purchasing, renting, leasing, or...
Applicant Entity
The business entity requesting...
Business Activity
The business (or loss) activity of...
Equity
An accounting term used to...
Working Capital (WC)
The amount of current assets that...

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