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.
Intermediary Organization
Organizations that play a funda...
GPM%
The measure of every sales dollar left...
Comparative Analysis
Is designed to point out significant trends that...
Corporation (C-corp.)
The most common form of business org...
Assets
The amount of current assets that is left...
Negotiation
Contracting through the use of...
Prime Contract
A contract awarded directly...
Cash-basis Accounting
records revenue when cash is...
Applicant Entity
The business entity requesting...
S-Corporation
A form of corporation, allowed by...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Mentor
A business, usually large, or...
Phase 1
Process used to determine the...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Contract
A mutually binding legal rel..

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