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.
Capital Leases
are for the purchase of fixed assets such as...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Applicant/Co-Applicant
Business entity and person requesting...
Comparative Analysis
Is designed to point out significant trends that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Sole Proprietor
an individual who...
Extraordinary Items
Additional expenses that are...
Defense Contractor
Any person who enters into...
Limited Partnership
A business organization with one or...
NAICS
NAICS codes are common...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Contracting
Purchasing, renting, leasing, or...
Assets
The amount of current assets that is left...
Affiliated Group
When two or more...
Intermediary Organization
Organizations that play a funda...

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