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.
Adjusted Net Worth
Post disaster fair market value of tangible...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Subcontract
A contract between a prime cont...
Amortization
A non-cash operating expense that...
Days Receivable
A measure of the average time a...
Joint Venture
In the SBA Mentor-Protégé Program...
Guarantor
The legal entity and...
Affiliated Group
When two or more...
NAICS
NAICS codes are common...
Limited Partnership
A business organization with one or...
Phase 1
Process used to determine the...
Principal
the owner(s) of the Applicant Entity that...
Contractor Team Arrangement
An arrangement in which...
Equity
An accounting term used to...
Small Business
A business smaller than...

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