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.
SCORE
Counselors to America's Small Bus...
Contractor Team Arrangement
An arrangement in which...
Applicant/Co-Applicant
Business entity and person requesting...
Assets
The amount of current assets that is left...
Best and Final Offer
For negotiated procurements...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Duplicated Interest
The amount of interest exp...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Principal
the owner(s) of the Applicant Entity that...
Business Activity
The business (or loss) activity of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
S-Corporation
A form of corporation, allowed by...
Amortization
A non-cash operating expense that...
Extraordinary Items
Additional expenses that are...
Contracting
Purchasing, renting, leasing, or...

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