Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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-basis Accounting
records revenue when cash is...
Mentor
A business, usually large, or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Principal
the owner(s) of the Applicant Entity that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Duplicated Interest
The amount of interest exp...
GPM%
The measure of every sales dollar left...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Affiliated Group
When two or more...
Liabilities
A financial obligation...
Partnering
A mutually beneficial business-to-bus...
Physical Loans
Funds to repair/replace dis...
Request for Proposal (RFP)
A document outlining a...
Negotiation
Contracting through the use of...

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