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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.
Break-even Analysis
A calculation of the approximate sales...
Subcontract
A contract between a prime cont...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliates
Business concerns, organizations, or...
Depreciation
A non-cash operating expense that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Best and Final Offer
For negotiated procurements...
Limited Partnership
A business organization with one or...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Substantial Damage
This means uninsured or otherwise uncompensated...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Extraordinary Items
Additional expenses that are...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

Get the quick rundown on SBA Loans

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