GPM%

Gross Profit (GP) / Net Sales (NS). The measure of every sales dollar left after paying for the product; what percent of the sales dollar is left to cover operating costs and to create a profit.

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.
Partnership
A type of unincorporated business org...
Full and Open Competition
With respect to a contract action...
Days Payable
A measure of the average time a...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Small Business
A business smaller than...
Joint Venture
In the SBA Mentor-Protégé Program...
Working Capital (WC)
The amount of current assets that...
Applicant Entity
The business entity requesting...
Acquisition
The acquiring of supplies or...
Contractor Team Arrangement
An arrangement in which...
Current Assets
A balance sheet item which equals...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Defense Contractor
Any person who enters into...
Corporation (C-corp.)
The most common form of business org...

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