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
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.
Certificate of Competency
A certificate issued by the Small Bus...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Current Assets
A balance sheet item which equals...
Small Disadvantaged Business Concern
A small business concern that...
Prime Contract
A contract awarded directly...
Working Capital (WC)
The amount of current assets that...
Business Activity
The business (or loss) activity of...
Partnering
A mutually beneficial business-to-bus...
Limited Partnership
A business organization with one or...
Equity
An accounting term used to...
Injury Analysis
Measures the effects of...
Operating Leases
are deducted on the company’s...
Amortization
A non-cash operating expense that...
Defense Contractor
Any person who enters into...
Applicant Entity
The business entity requesting...

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