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
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.
SCORE
Counselors to America's Small Bus...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Amortization
A non-cash operating expense that...
Normal Annual Sales
Those sales that would have...
Affiliates
Business concerns, organizations, or...
Days Payable
A measure of the average time a...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Subsidiary
A company for which a majority of the...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Acquisition
The acquiring of supplies or...
Lien
A legal claim against an...
Contractor Team Arrangement
An arrangement in which...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
S-Corporation
A form of corporation, allowed by...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...

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