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.
Acquisition
The acquiring of supplies or...
Sole Proprietor
an individual who...
Equity
An accounting term used to...
Small Disadvantaged Business Concern
A small business concern that...
Injury Analysis
Measures the effects of...
Income Statement
Shows the entity’s income and...
Contracting
Purchasing, renting, leasing, or...
Credit Elsewhere Test (CET)
The test to determine the...
Mentor
A business, usually large, or...
Defense Contractor
Any person who enters into...
Projection
An estimate of future economic or...
Depreciation
A non-cash operating expense that...
Affiliated Group
When two or more...
Joint Venture
In the SBA Mentor-Protégé Program...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...

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