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.
Subsidiary
A company for which a majority of the...
Negotiation
Contracting through the use of...
Income Statement
Shows the entity’s income and...
Days Payable
A measure of the average time a...
GPM%
The measure of every sales dollar left...
Applicant/Co-Applicant
Business entity and person requesting...
Applicant Entity
The business entity requesting...
Contracting
Purchasing, renting, leasing, or...
Acquisition
The acquiring of supplies or...
Injury Analysis
Measures the effects of...
Phase 2
Process to be used to determine economic injury for...
Principal
the owner(s) of the Applicant Entity that...
S-Corporation
A form of corporation, allowed by...
Sole Proprietor
an individual who...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...

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