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.
Liabilities
A financial obligation...
Duplicated Interest
The amount of interest exp...
Limited Partnership
A business organization with one or...
Affiliates
Business concerns, organizations, or...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Mentor
A business, usually large, or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Assets
The amount of current assets that is left...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Negotiation
Contracting through the use of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Primary Activity
The major business activity of...
B/E (Business EIDL) Loan
A business loan that...

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