B/E (Business EIDL) Loan

A business loan that incorporates physical losses and economic injury for the same legal entity or individual.

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.
Acquisition
The acquiring of supplies or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Days Receivable
A measure of the average time a...
Operating Leases
are deducted on the company’s...
Contractor Team Arrangement
An arrangement in which...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Fair and Reasonable Price
A price that is fair to both parties...
Projection
An estimate of future economic or...
Subcontract
A contract between a prime cont...
Best and Final Offer
For negotiated procurements...
Certificate of Competency
A certificate issued by the Small Bus...
GPM%
The measure of every sales dollar left...
Depreciation
A non-cash operating expense that...
Duplicated Interest
The amount of interest exp...
Sole Proprietor
an individual who...

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