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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.
Cash Flow Test
Part of the CET that determines if...
Corporation (C-corp.)
The most common form of business org...
Contracting Officer
A person with the authority to...
Emerging Small Business
A small business concern whose...
Hardship Waiver
Method used to approve a...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Small Business
A business smaller than...
Joint Venture
In the SBA Mentor-Protégé Program...
Comparative Analysis
Is designed to point out significant trends that...
Certificate of Competency
A certificate issued by the Small Bus...
Limited Partnership
A business organization with one or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Normal Annual Sales
Those sales that would have...
B/E (Business EIDL) Loan
A business loan that...
Current Liabilities
A balance sheet item, which...

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