Glossary
SBA Terms

SCORE

Counselors to America's Small Business is a 12,400-member volunteer association sponsored by the SBA. SCORE matches volunteer business-management counselors with present prospective small business owners in need of expert advice.

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.
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SBA 504 Loans

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

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

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
B/E (Business EIDL) Loan
A business loan that...
Primary Activity
The major business activity of...
Lien
A legal claim against an...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Operating Leases
are deducted on the company’s...
Collateral
Assets pledged by a borrower to secure a loan...
Applicant Entity
The business entity requesting...
Injury Period
The time period during...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Break-even Analysis
A calculation of the approximate sales...
Equity
An accounting term used to...
Small Disadvantaged Business Concern
A small business concern that...
Principal
the owner(s) of the Applicant Entity that...
Trend Analysis
A comparative analysis of...

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