Glossary
SBA Terms

Subcontract

A contract between a prime contractor and a subcontractor to furnish supplies or services for the performance of a prime contract or subcontract.

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.
Business Activity
The business (or loss) activity of...
Projection
An estimate of future economic or...
Collateral
Assets pledged by a borrower to secure a loan...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Partnership
A type of unincorporated business org...
Best and Final Offer
For negotiated procurements...
Depreciation
A non-cash operating expense that...
Corporation (C-corp.)
The most common form of business org...
Working Capital (WC)
The amount of current assets that...
Contracting Officer
A person with the authority to...
Contract
A mutually binding legal rel..
Affiliates
Business concerns, organizations, or...
Credit Score Test
Part of the home loan CET show a...
Subsidiary
A company for which a majority of the...

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