Emerging Small Business

A small business concern whose size is no greater than 50 percent of the numerical size standard applicable to the Standard Industrial Classification code assigned to a contracting opportunity.

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.
Liabilities
A financial obligation...
Injury Period
The time period during...
Physical Loans
Funds to repair/replace dis...
Days Receivable
A measure of the average time a...
Guarantor
The legal entity and...
Small Business
A business smaller than...
Fair and Reasonable Price
A price that is fair to both parties...
B/E (Business EIDL) Loan
A business loan that...
Corporation (C-corp.)
The most common form of business org...
Contracting
Purchasing, renting, leasing, or...
Working Capital (WC)
The amount of current assets that...
Lien
A legal claim against an...
Contract
A mutually binding legal rel..
Joint Venture
In the SBA Mentor-Protégé Program...
Acquisition
The acquiring of supplies or...

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