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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Days Receivable
A measure of the average time a...
Fair and Reasonable Price
A price that is fair to both parties...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Business Activity
The business (or loss) activity of...
Current Liabilities
A balance sheet item, which...
Primary Activity
The major business activity of...
Affiliated Group
When two or more...
Defense Contractor
Any person who enters into...
Trend Analysis
A comparative analysis of...
Partnering
A mutually beneficial business-to-bus...
Prime Contract
A contract awarded directly...
Full and Open Competition
With respect to a contract action...

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