Guarantor

The legal entity and/or person who guarantees an obligation and has a legal duty to fulfill it.

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.
Best and Final Offer
For negotiated procurements...
Subsidiary
A company for which a majority of the...
SCORE
Counselors to America's Small Bus...
Comparative Analysis
Is designed to point out significant trends that...
Affiliate
Business concerns are affiliates if one concern...
Income Statement
Shows the entity’s income and...
Break-even Analysis
A calculation of the approximate sales...
Mentor
A business, usually large, or...
Protégé
A firm in a developmental stage that...
Partnership
A type of unincorporated business org...
Phase 2
Process to be used to determine economic injury for...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Sole Proprietor
an individual who...
Corporation (C-corp.)
The most common form of business org...
NAICS
NAICS codes are common...

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