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.
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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Partnering
A mutually beneficial business-to-bus...
SCORE
Counselors to America's Small Bus...
Credit Elsewhere Test (CET)
The test to determine the...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Break-even Analysis
A calculation of the approximate sales...
Companion File
When an applicant has another application filed...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Defense Contractor
Any person who enters into...
Small Disadvantaged Business Concern
A small business concern that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Contracting Officer
A person with the authority to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
S-Corporation
A form of corporation, allowed by...
Mentor
A business, usually large, or...
Intermediary Organization
Organizations that play a funda...

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