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.
Injury Analysis
Measures the effects of...
Corporation (C-corp.)
The most common form of business org...
Intermediary Organization
Organizations that play a funda...
Joint Venture
In the SBA Mentor-Protégé Program...
Negotiation
Contracting through the use of...
B/E (Business EIDL) Loan
A business loan that...
Certificate of Competency
A certificate issued by the Small Bus...
S-Corporation
A form of corporation, allowed by...
Fair and Reasonable Price
A price that is fair to both parties...
Normal Annual Sales
Those sales that would have...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Physical Loans
Funds to repair/replace dis...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Income Statement
Shows the entity’s income and...
Capital Leases
are for the purchase of fixed assets such as...

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