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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Cash-basis Accounting
records revenue when cash is...
Depreciation
A non-cash operating expense that...
Trend Analysis
A comparative analysis of...
Equity
An accounting term used to...
GPM%
The measure of every sales dollar left...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Affiliate
Business concerns are affiliates if one concern...
Hardship Waiver
Method used to approve a...
Limited Partnership
A business organization with one or...
Physical Loans
Funds to repair/replace dis...
Partnership
A type of unincorporated business org...
Partnering
A mutually beneficial business-to-bus...
Acquisition
The acquiring of supplies or...
Days Payable
A measure of the average time a...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.