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.
Contracting Officer
A person with the authority to...
Trend Analysis
A comparative analysis of...
Capital Leases
are for the purchase of fixed assets such as...
Limited Partnership
A business organization with one or...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Injury Analysis
Measures the effects of...
Emerging Small Business
A small business concern whose...
Acquisition
The acquiring of supplies or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Business Activity
The business (or loss) activity of...
Protégé
A firm in a developmental stage that...
Lien
A legal claim against an...
Defense Contractor
Any person who enters into...
Certified 8(a) Firm
A firm owned and operated by socially and...
Primary Activity
The major business activity of...

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