Glossary
SBA Terms

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
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
Explore 7a loans

SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans

SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
GPM%
The measure of every sales dollar left...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Cash Flow Test
Part of the CET that determines if...
Acquisition
The acquiring of supplies or...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Credit Elsewhere Test (CET)
The test to determine the...
Business Activity
The business (or loss) activity of...
Projection
An estimate of future economic or...
Days Payable
A measure of the average time a...
Applicant Entity
The business entity requesting...
Contracting Officer
A person with the authority to...
Normal Gross Margin
The margin that would have been...
Substantial Damage
This means uninsured or otherwise uncompensated...
Contractor Team Arrangement
An arrangement in which...
Partnership
A type of unincorporated business org...

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