Adjusted Net Worth

Post disaster fair market value of tangible assets, less liabilities, within certain restrictions.

Updated on
September 8, 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.
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Duplicated Interest
The amount of interest exp...
Request for Proposal (RFP)
A document outlining a...
Full and Open Competition
With respect to a contract action...
Business Activity
The business (or loss) activity of...
Liabilities
A financial obligation...
Certificate of Competency
A certificate issued by the Small Bus...
Electronic Data Interchange
Transmission of information bet...
Small Business
A business smaller than...
Fair and Reasonable Price
A price that is fair to both parties...
SCORE
Counselors to America's Small Bus...
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...
Lien
A legal claim against an...
Collateral
Assets pledged by a borrower to secure a loan...

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