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
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.
Small Business
A business smaller than...
Principal
the owner(s) of the Applicant Entity that...
Current Liabilities
A balance sheet item, which...
Guarantor
The legal entity and...
Subsidiary
A company for which a majority of the...
Applicant Individual
aka who is requesting an SBA loan...
Partnership
A type of unincorporated business org...
Days Receivable
A measure of the average time a...
Working Capital (WC)
The amount of current assets that...
Intermediary Organization
Organizations that play a funda...
Capital Leases
are for the purchase of fixed assets such as...
Contracting
Purchasing, renting, leasing, or...
Business Activity
The business (or loss) activity of...
Equity
An accounting term used to...
Cash-basis Accounting
records revenue when cash is...

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