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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Cash-basis Accounting
records revenue when cash is...
Phase 2
Process to be used to determine economic injury for...
Trend Analysis
A comparative analysis of...
Credit Score Test
Part of the home loan CET show a...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Request for Proposal (RFP)
A document outlining a...
Applicant Entity
The business entity requesting...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Normal Gross Margin
The margin that would have been...
Intermediary Organization
Organizations that play a funda...
Affiliated Group
When two or more...
S-Corporation
A form of corporation, allowed by...
Contractor Team Arrangement
An arrangement in which...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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