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.
Business Activity
The business (or loss) activity of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Assets
The amount of current assets that is left...
Phase 1
Process used to determine the...
Limited Partnership
A business organization with one or...
SCORE
Counselors to America's Small Bus...
Affiliates
Business concerns, organizations, or...
Projection
An estimate of future economic or...
Lien
A legal claim against an...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Small Disadvantaged Business Concern
A small business concern that...
Partnership
A type of unincorporated business org...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.