Small Business

A business smaller than a given size as measured by its employment, business receipts, or business assets.

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.
Equity
An accounting term used to...
Capital Leases
are for the purchase of fixed assets such as...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Protégé
A firm in a developmental stage that...
Trend Analysis
A comparative analysis of...
Duplicated Interest
The amount of interest exp...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Subsidiary
A company for which a majority of the...
Liabilities
A financial obligation...
B/E (Business EIDL) Loan
A business loan that...
Days Receivable
A measure of the average time a...
Companion File
When an applicant has another application filed...
Guarantor
The legal entity and...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Corporation (C-corp.)
The most common form of business org...

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