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.
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Capital Leases
are for the purchase of fixed assets such as...
Electronic Data Interchange
Transmission of information bet...
Principal
the owner(s) of the Applicant Entity that...
Credit Score Test
Part of the home loan CET show a...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Contracting Officer
A person with the authority to...
B/E (Business EIDL) Loan
A business loan that...
Contracting
Purchasing, renting, leasing, or...
Applicant Individual
aka who is requesting an SBA loan...
Subsidiary
A company for which a majority of the...
Contract
A mutually binding legal rel..
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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