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.
Negotiation
Contracting through the use of...
Business Activity
The business (or loss) activity of...
Injury Analysis
Measures the effects of...
Companion File
When an applicant has another application filed...
Days Payable
A measure of the average time a...
Duplicated Interest
The amount of interest exp...
Collateral
Assets pledged by a borrower to secure a loan...
Emerging Small Business
A small business concern whose...
Contracting
Purchasing, renting, leasing, or...
Joint Venture
In the SBA Mentor-Protégé Program...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Subcontract
A contract between a prime cont...
Assets
The amount of current assets that is left...
Small Business
A business smaller than...
Applicant Individual
aka who is requesting an SBA loan...

Get the quick rundown on SBA Loans

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