Glossary
SBA Terms

Electronic Data Interchange

Transmission of information between computers using highly standardized electronic versions of common business documents.

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.
Credit Score Test
Part of the home loan CET show a...
Cash-basis Accounting
records revenue when cash is...
Adjusted Net Worth
Post disaster fair market value of tangible...
Assets
The amount of current assets that is left...
SCORE
Counselors to America's Small Bus...
Guarantor
The legal entity and...
Acquisition
The acquiring of supplies or...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
B/E (Business EIDL) Loan
A business loan that...
Injury Analysis
Measures the effects of...
Normal Gross Margin
The margin that would have been...
Defense Contractor
Any person who enters into...
Negotiation
Contracting through the use of...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...

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