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.
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.
Equity
An accounting term used to...
Business Activity
The business (or loss) activity of...
Electronic Data Interchange
Transmission of information bet...
Duplicated Interest
The amount of interest exp...
Guarantor
The legal entity and...
Fair and Reasonable Price
A price that is fair to both parties...
Physical Loans
Funds to repair/replace dis...
Phase 1
Process used to determine the...
Affiliates
Business concerns, organizations, or...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Affiliated Group
When two or more...
Contractor Team Arrangement
An arrangement in which...
Trend Analysis
A comparative analysis of...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Sole Proprietor
an individual who...

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