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
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.
Break-even Analysis
A calculation of the approximate sales...
Electronic Data Interchange
Transmission of information bet...
Prime Contract
A contract awarded directly...
Principal
the owner(s) of the Applicant Entity that...
Affiliated Group
When two or more...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Joint Venture
In the SBA Mentor-Protégé Program...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Credit Score Test
Part of the home loan CET show a...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Operating Leases
are deducted on the company’s...
Defense Contractor
Any person who enters into...
Request for Proposal (RFP)
A document outlining a...
Business Activity
The business (or loss) activity of...
Contracting Officer
A person with the authority to...

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