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.
Guarantor
The legal entity and...
Equity
An accounting term used to...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Intermediary Organization
Organizations that play a funda...
Phase 2
Process to be used to determine economic injury for...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Lien
A legal claim against an...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Business Activity
The business (or loss) activity of...
Phase 1
Process used to determine the...
Acquisition
The acquiring of supplies or...
Injury Period
The time period during...

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