Glossary
SBA Terms

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
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
Explore 7a loans

SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans

SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Collateral
Assets pledged by a borrower to secure a loan...
Capital Leases
are for the purchase of fixed assets such as...
NAICS
NAICS codes are common...
Current Liabilities
A balance sheet item, which...
Cash-basis Accounting
records revenue when cash is...
Business Activity
The business (or loss) activity of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Prime Contract
A contract awarded directly...
Subsidiary
A company for which a majority of the...
Intermediary Organization
Organizations that play a funda...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Corporation (C-corp.)
The most common form of business org...
SCORE
Counselors to America's Small Bus...
Amortization
A non-cash operating expense that...
Limited Partnership
A business organization with one or...

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