Glossary
SBA Terms

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
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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.
Physical Loans
Funds to repair/replace dis...
Extraordinary Items
Additional expenses that are...
Days Payable
A measure of the average time a...
Comparative Analysis
Is designed to point out significant trends that...
Duplicated Interest
The amount of interest exp...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Cash-basis Accounting
records revenue when cash is...
Applicant/Co-Applicant
Business entity and person requesting...
Contracting Officer
A person with the authority to...
Projection
An estimate of future economic or...
Cash Flow Test
Part of the CET that determines if...
Small Disadvantaged Business Concern
A small business concern that...
Emerging Small Business
A small business concern whose...
Days Receivable
A measure of the average time a...
Credit Score Test
Part of the home loan CET show a...

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