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.
Affiliated Group
When two or more...
Corporation (C-corp.)
The most common form of business org...
Applicant Individual
aka who is requesting an SBA loan...
Injury Period
The time period during...
Acquisition
The acquiring of supplies or...
Subsidiary
A company for which a majority of the...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Amortization
A non-cash operating expense that...
Cash-basis Accounting
records revenue when cash is...
Contract
A mutually binding legal rel..
Normal Gross Margin
The margin that would have been...
Adjusted Net Worth
Post disaster fair market value of tangible...
Equity
An accounting term used to...
Trend Analysis
A comparative analysis of...
Duplicated Interest
The amount of interest exp...

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