Request for Proposal (RFP)

A document outlining a government agency’s requirements and the criteria for the evaluation of offers.

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.
Lien
A legal claim against an...
GPM%
The measure of every sales dollar left...
Request for Proposal (RFP)
A document outlining a...
Cash-basis Accounting
records revenue when cash is...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Applicant Individual
aka who is requesting an SBA loan...
Business Activity
The business (or loss) activity of...
Intermediary Organization
Organizations that play a funda...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Corporation (C-corp.)
The most common form of business org...
Break-even Analysis
A calculation of the approximate sales...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Injury Analysis
Measures the effects of...
Days Receivable
A measure of the average time a...

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