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.
Income Statement
Shows the entity’s income and...
Break-even Analysis
A calculation of the approximate sales...
Certified 8(a) Firm
A firm owned and operated by socially and...
Trend Analysis
A comparative analysis of...
Partnering
A mutually beneficial business-to-bus...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Lien
A legal claim against an...
Defense Contractor
Any person who enters into...
Assets
The amount of current assets that is left...
Contracting Officer
A person with the authority to...
Contract
A mutually binding legal rel..
Subsidiary
A company for which a majority of the...
Adjusted Net Worth
Post disaster fair market value of tangible...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Contractor Team Arrangement
An arrangement in which...

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