Glossary
SBA Terms

Projection

An estimate of future economic or financial performance. Generally presented in the form of a Profit and Loss StatementP&L.

Updated on
September 9, 2022
Published on
June 20, 2018
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Equity
An accounting term used to...
Capital Leases
are for the purchase of fixed assets such as...
Affiliate
Business concerns are affiliates if one concern...
Electronic Data Interchange
Transmission of information bet...
Hardship Waiver
Method used to approve a...
Emerging Small Business
A small business concern whose...
Partnering
A mutually beneficial business-to-bus...
Contracting Officer
A person with the authority to...
Current Liabilities
A balance sheet item, which...
Contracting
Purchasing, renting, leasing, or...
Extraordinary Items
Additional expenses that are...
Protégé
A firm in a developmental stage that...
Days Receivable
A measure of the average time a...
Projection
An estimate of future economic or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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