Small Business Development Centers (SBDC)

SBDCs offer a broad spectrum of business information and guidance as well as assistance in preparing loan applications.

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.
S-Corporation
A form of corporation, allowed by...
Extraordinary Items
Additional expenses that are...
NAICS
NAICS codes are common...
Negotiation
Contracting through the use of...
Joint Venture
In the SBA Mentor-Protégé Program...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Operating Leases
are deducted on the company’s...
Affiliate
Business concerns are affiliates if one concern...
Emerging Small Business
A small business concern whose...
Amortization
A non-cash operating expense that...
Partnering
A mutually beneficial business-to-bus...
Subsidiary
A company for which a majority of the...
Cash Flow Test
Part of the CET that determines if...
Affiliates
Business concerns, organizations, or...

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