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.
Working Capital (WC)
The amount of current assets that...
Primary Activity
The major business activity of...
Phase 1
Process used to determine the...
Limited Partnership
A business organization with one or...
Capital Leases
are for the purchase of fixed assets such as...
Intermediary Organization
Organizations that play a funda...
Trend Analysis
A comparative analysis of...
Projection
An estimate of future economic or...
Corporation (C-corp.)
The most common form of business org...
Cash Flow Test
Part of the CET that determines if...
Liabilities
A financial obligation...
Duplicated Interest
The amount of interest exp...
B/E (Business EIDL) Loan
A business loan that...
Applicant/Co-Applicant
Business entity and person requesting...
Assets
The amount of current assets that is left...

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