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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.
Income Statement
Shows the entity’s income and...
Duplicated Interest
The amount of interest exp...
Applicant/Co-Applicant
Business entity and person requesting...
Contract
A mutually binding legal rel..
Current Assets
A balance sheet item which equals...
Current Liabilities
A balance sheet item, which...
Certificate of Competency
A certificate issued by the Small Bus...
Limited Partnership
A business organization with one or...
Cash-basis Accounting
records revenue when cash is...
Subsidiary
A company for which a majority of the...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Days Payable
A measure of the average time a...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Partnership
A type of unincorporated business org...

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