Partnering

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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Credit Elsewhere Test (CET)
The test to determine the...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Contracting Officer
A person with the authority to...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Subsidiary
A company for which a majority of the...
Adjusted Net Worth
Post disaster fair market value of tangible...
Full and Open Competition
With respect to a contract action...
GPM%
The measure of every sales dollar left...
B/E (Business EIDL) Loan
A business loan that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
S-Corporation
A form of corporation, allowed by...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.