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.
Mentor
A business, usually large, or...
Injury Analysis
Measures the effects of...
Principal
the owner(s) of the Applicant Entity that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Companion File
When an applicant has another application filed...
Amortization
A non-cash operating expense that...
Protégé
A firm in a developmental stage that...
Capital Leases
are for the purchase of fixed assets such as...
Injury Period
The time period during...
Electronic Data Interchange
Transmission of information bet...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Current Assets
A balance sheet item which equals...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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