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A mutually beneficial business-to-business relationship based on trust and commitment and that enhances the capabilities of both parties.

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.
Corporation (C-corp.)
The most common form of business org...
Guarantor
The legal entity and...
Trend Analysis
A comparative analysis of...
Electronic Data Interchange
Transmission of information bet...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
S-Corporation
A form of corporation, allowed by...
Current Assets
A balance sheet item which equals...
Capital Leases
are for the purchase of fixed assets such as...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
B/E (Business EIDL) Loan
A business loan that...
Partnership
A type of unincorporated business org...
Primary Activity
The major business activity of...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Joint Venture
In the SBA Mentor-Protégé Program...
SCORE
Counselors to America's Small Bus...

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