Glossary
SBA Terms

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
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Contracting Officer
A person with the authority to...
Small Business
A business smaller than...
Liabilities
A financial obligation...
Current Liabilities
A balance sheet item, which...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Current Assets
A balance sheet item which equals...
Business Activity
The business (or loss) activity of...
Corporation (C-corp.)
The most common form of business org...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Acquisition
The acquiring of supplies or...
Cash Flow Test
Part of the CET that determines if...
S-Corporation
A form of corporation, allowed by...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Extraordinary Items
Additional expenses that are...
SCORE
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