Intermediary Organization

Organizations that play a fundamental role in encouraging, promoting, and facilitating business-to-business linkages and mentor-protégé partnerships. These can include both nonprofit and for-profit organizations: chambers of commerce; trade associations; local, civic, and community groups; state and local governments; academic institutions; and private corporations.

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.
Applicant Individual
aka who is requesting an SBA loan...
Principal
the owner(s) of the Applicant Entity that...
Affiliated Group
When two or more...
Lien
A legal claim against an...
Guarantor
The legal entity and...
Substantial Damage
This means uninsured or otherwise uncompensated...
Operating Leases
are deducted on the company’s...
Certificate of Competency
A certificate issued by the Small Bus...
Working Capital (WC)
The amount of current assets that...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Normal Gross Margin
The margin that would have been...
Subsidiary
A company for which a majority of the...
Projection
An estimate of future economic or...
Limited Partnership
A business organization with one or...
Physical Loans
Funds to repair/replace dis...

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