Glossary
SBA Terms

Small Business

A business smaller than a given size as measured by its employment, business receipts, or business assets.

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.
Explore 7a loans

SBA 504 Loans

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

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.
Protégé
A firm in a developmental stage that...
Affiliated Group
When two or more...
Intermediary Organization
Organizations that play a funda...
Negotiation
Contracting through the use of...
Income Statement
Shows the entity’s income and...
Acquisition
The acquiring of supplies or...
Partnership
A type of unincorporated business org...
Amortization
A non-cash operating expense that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Credit Score Test
Part of the home loan CET show a...
S-Corporation
A form of corporation, allowed by...
Current Assets
A balance sheet item which equals...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Cash Flow Test
Part of the CET that determines if...
Contracting
Purchasing, renting, leasing, or...

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