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.
Phase 1
Process used to determine the...
Affiliates
Business concerns, organizations, or...
Protégé
A firm in a developmental stage that...
Contracting Officer
A person with the authority to...
Break-even Analysis
A calculation of the approximate sales...
Applicant/Co-Applicant
Business entity and person requesting...
Depreciation
A non-cash operating expense that...
Defense Contractor
Any person who enters into...
Collateral
Assets pledged by a borrower to secure a loan...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Corporation (C-corp.)
The most common form of business org...
Companion File
When an applicant has another application filed...
Acquisition
The acquiring of supplies or...
Small Business
A business smaller than...

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