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.
Income Statement
Shows the entity’s income and...
Projection
An estimate of future economic or...
Days Receivable
A measure of the average time a...
Credit Score Test
Part of the home loan CET show a...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Acquisition
The acquiring of supplies or...
Defense Contractor
Any person who enters into...
Request for Proposal (RFP)
A document outlining a...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Partnership
A type of unincorporated business org...
Current Assets
A balance sheet item which equals...
Applicant Entity
The business entity requesting...
Cash-basis Accounting
records revenue when cash is...
Working Capital (WC)
The amount of current assets that...
Injury Analysis
Measures the effects of...

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