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.
Protégé
A firm in a developmental stage that...
Subsidiary
A company for which a majority of the...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Partnering
A mutually beneficial business-to-bus...
Hardship Waiver
Method used to approve a...
Equity
An accounting term used to...
Capital Leases
are for the purchase of fixed assets such as...
Break-even Analysis
A calculation of the approximate sales...
Physical Loans
Funds to repair/replace dis...
Normal Gross Margin
The margin that would have been...
Adjusted Net Worth
Post disaster fair market value of tangible...
Affiliated Group
When two or more...
SCORE
Counselors to America's Small Bus...
Small Business
A business smaller than...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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