Glossary
SBA Terms

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
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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.
Explore 7a loans

SBA 504 Loans

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

SBA Microloans

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

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Partnering
A mutually beneficial business-to-bus...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
NAICS
NAICS codes are common...
Injury Analysis
Measures the effects of...
Normal Annual Sales
Those sales that would have...
Days Payable
A measure of the average time a...
Companion File
When an applicant has another application filed...
Joint Venture
In the SBA Mentor-Protégé Program...
Mentor
A business, usually large, or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Certificate of Competency
A certificate issued by the Small Bus...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Substantial Damage
This means uninsured or otherwise uncompensated...
Depreciation
A non-cash operating expense that...

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