Mentor

A business, usually large, or other organization that has created a specialized program to advance strategic relationships with small businesses.

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.
S-Corporation
A form of corporation, allowed by...
Trend Analysis
A comparative analysis of...
Primary Activity
The major business activity of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Injury Analysis
Measures the effects of...
Liabilities
A financial obligation...
Lien
A legal claim against an...
Best and Final Offer
For negotiated procurements...
Normal Gross Margin
The margin that would have been...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Emerging Small Business
A small business concern whose...
Affiliates
Business concerns, organizations, or...
Income Statement
Shows the entity’s income and...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Physical Loans
Funds to repair/replace dis...

Get the quick rundown on SBA Loans

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