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.
Applicant/Co-Applicant
Business entity and person requesting...
Subsidiary
A company for which a majority of the...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Certified 8(a) Firm
A firm owned and operated by socially and...
Limited Partnership
A business organization with one or...
Applicant Individual
aka who is requesting an SBA loan...
Contractor Team Arrangement
An arrangement in which...
Affiliate
Business concerns are affiliates if one concern...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Cash-basis Accounting
records revenue when cash is...
Adjusted Net Worth
Post disaster fair market value of tangible...
Protégé
A firm in a developmental stage that...
Partnering
A mutually beneficial business-to-bus...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Subcontract
A contract between a prime cont...

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