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.
Income Statement
Shows the entity’s income and...
Affiliate
Business concerns are affiliates if one concern...
GPM%
The measure of every sales dollar left...
Injury Period
The time period during...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Primary Activity
The major business activity of...
Duplicated Interest
The amount of interest exp...
Limited Partnership
A business organization with one or...
Contracting
Purchasing, renting, leasing, or...
Subsidiary
A company for which a majority of the...
Guarantor
The legal entity and...
Injury Analysis
Measures the effects of...
Days Receivable
A measure of the average time a...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Normal Annual Sales
Those sales that would have...

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