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.
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Cash-basis Accounting
records revenue when cash is...
GPM%
The measure of every sales dollar left...
Injury Period
The time period during...
Intermediary Organization
Organizations that play a funda...
Credit Score Test
Part of the home loan CET show a...
Joint Venture
In the SBA Mentor-Protégé Program...
Adjusted Net Worth
Post disaster fair market value of tangible...
S-Corporation
A form of corporation, allowed by...
Subcontract
A contract between a prime cont...
Normal Gross Margin
The margin that would have been...
Comparative Analysis
Is designed to point out significant trends that...
Applicant Entity
The business entity requesting...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Limited Partnership
A business organization with one or...

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