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.
Cash-basis Accounting
records revenue when cash is...
Guarantor
The legal entity and...
Small Business
A business smaller than...
Partnership
A type of unincorporated business org...
Normal Gross Margin
The margin that would have been...
Working Capital (WC)
The amount of current assets that...
Business Activity
The business (or loss) activity of...
Affiliates
Business concerns, organizations, or...
Comparative Analysis
Is designed to point out significant trends that...
SCORE
Counselors to America's Small Bus...
Assets
The amount of current assets that is left...
Credit Elsewhere Test (CET)
The test to determine the...
Normal Annual Sales
Those sales that would have...
Phase 1
Process used to determine the...
Injury Period
The time period during...

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