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.
SCORE
Counselors to America's Small Bus...
Limited Partnership
A business organization with one or...
Best and Final Offer
For negotiated procurements...
Operating Leases
are deducted on the company’s...
Affiliate
Business concerns are affiliates if one concern...
Duplicated Interest
The amount of interest exp...
Trend Analysis
A comparative analysis of...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
GPM%
The measure of every sales dollar left...
Contract
A mutually binding legal rel..
S-Corporation
A form of corporation, allowed by...
Prime Contract
A contract awarded directly...
Full and Open Competition
With respect to a contract action...
Contracting
Purchasing, renting, leasing, or...
Request for Proposal (RFP)
A document outlining a...

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