Partnering

A mutually beneficial business-to-business relationship based on trust and commitment and that enhances the capabilities of both parties.

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.
Partnering
A mutually beneficial business-to-bus...
Current Liabilities
A balance sheet item, which...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Physical Loans
Funds to repair/replace dis...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Cash Flow Test
Part of the CET that determines if...
Negotiation
Contracting through the use of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Principal
the owner(s) of the Applicant Entity that...
Small Business
A business smaller than...
Phase 1
Process used to determine the...
Cash-basis Accounting
records revenue when cash is...
Limited Partnership
A business organization with one or...

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