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.
Contract
A mutually binding legal rel..
Defense Contractor
Any person who enters into...
Capital Leases
are for the purchase of fixed assets such as...
Protégé
A firm in a developmental stage that...
Joint Venture
In the SBA Mentor-Protégé Program...
Limited Partnership
A business organization with one or...
Electronic Data Interchange
Transmission of information bet...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Assets
The amount of current assets that is left...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Hardship Waiver
Method used to approve a...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Affiliate
Business concerns are affiliates if one concern...
Subcontract
A contract between a prime cont...
Negotiation
Contracting through the use of...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.