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.
Intermediary Organization
Organizations that play a funda...
Days Receivable
A measure of the average time a...
Subcontract
A contract between a prime cont...
Capital Leases
are for the purchase of fixed assets such as...
Contract
A mutually binding legal rel..
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Phase 2
Process to be used to determine economic injury for...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Physical Loans
Funds to repair/replace dis...
Working Capital (WC)
The amount of current assets that...
Duplicated Interest
The amount of interest exp...
Small Disadvantaged Business Concern
A small business concern that...
Defense Contractor
Any person who enters into...
Best and Final Offer
For negotiated procurements...
Applicant Individual
aka who is requesting an SBA loan...

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