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.
Equity
An accounting term used to...
Comparative Analysis
Is designed to point out significant trends that...
Break-even Analysis
A calculation of the approximate sales...
Defense Contractor
Any person who enters into...
Subcontract
A contract between a prime cont...
Prime Contract
A contract awarded directly...
Partnering
A mutually beneficial business-to-bus...
Affiliated Group
When two or more...
Applicant Entity
The business entity requesting...
Fair and Reasonable Price
A price that is fair to both parties...
Negotiation
Contracting through the use of...
Affiliates
Business concerns, organizations, or...
Emerging Small Business
A small business concern whose...
Subsidiary
A company for which a majority of the...
Affiliate
Business concerns are affiliates if one concern...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.