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.
Applicant Entity
The business entity requesting...
Certificate of Competency
A certificate issued by the Small Bus...
Days Receivable
A measure of the average time a...
Negotiation
Contracting through the use of...
Hardship Waiver
Method used to approve a...
Working Capital (WC)
The amount of current assets that...
Days Payable
A measure of the average time a...
Trend Analysis
A comparative analysis of...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
SCORE
Counselors to America's Small Bus...
Guarantor
The legal entity and...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Small Disadvantaged Business Concern
A small business concern that...
Contract
A mutually binding legal rel..
Prime Contract
A contract awarded directly...

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