Glossary
SBA Terms

Request for Proposal (RFP)

A document outlining a government agency’s requirements and the criteria for the evaluation of offers.

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.
Affiliated Group
When two or more...
Current Assets
A balance sheet item which equals...
Intermediary Organization
Organizations that play a funda...
Days Receivable
A measure of the average time a...
Assets
The amount of current assets that is left...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Break-even Analysis
A calculation of the approximate sales...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Normal Annual Sales
Those sales that would have...
Fair and Reasonable Price
A price that is fair to both parties...
Projection
An estimate of future economic or...
Primary Activity
The major business activity of...
Operating Leases
are deducted on the company’s...
Federal Acquisition Regulation (FAR)
The body of regulations which is...

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