Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Prime Contract
A contract awarded directly...
Request for Proposal (RFP)
A document outlining a...
Adjusted Net Worth
Post disaster fair market value of tangible...
Electronic Data Interchange
Transmission of information bet...
Working Capital (WC)
The amount of current assets that...
Injury Analysis
Measures the effects of...
Days Payable
A measure of the average time a...
Limited Partnership
A business organization with one or...
Certificate of Competency
A certificate issued by the Small Bus...
Assets
The amount of current assets that is left...
Full and Open Competition
With respect to a contract action...
Affiliates
Business concerns, organizations, or...
Defense Contractor
Any person who enters into...
Guarantor
The legal entity and...

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