Glossary
SBA Terms

SCORE

Counselors to America's Small Business is a 12,400-member volunteer association sponsored by the SBA. SCORE matches volunteer business-management counselors with present prospective small business owners in need of expert advice.

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.
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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.
Small Disadvantaged Business Concern
A small business concern that...
Partnership
A type of unincorporated business org...
Liabilities
A financial obligation...
Extraordinary Items
Additional expenses that are...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Projection
An estimate of future economic or...
Injury Analysis
Measures the effects of...
Limited Partnership
A business organization with one or...
Contractor Team Arrangement
An arrangement in which...
Prime Contract
A contract awarded directly...
Affiliates
Business concerns, organizations, or...
Phase 1
Process used to determine the...
Physical Loans
Funds to repair/replace dis...
Working Capital (WC)
The amount of current assets that...
Intermediary Organization
Organizations that play a funda...

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