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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.
Companion File
When an applicant has another application filed...
Contract
A mutually binding legal rel..
Affiliated Group
When two or more...
Normal Gross Margin
The margin that would have been...
Contractor Team Arrangement
An arrangement in which...
Affiliate
Business concerns are affiliates if one concern...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Working Capital (WC)
The amount of current assets that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Applicant Entity
The business entity requesting...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Contracting
Purchasing, renting, leasing, or...

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