Glossary
SBA Terms

Small Business Development Centers (SBDC)

SBDCs offer a broad spectrum of business information and guidance as well as assistance in preparing loan applications.

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.
Small Disadvantaged Business Concern
A small business concern that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Corporation (C-corp.)
The most common form of business org...
Current Assets
A balance sheet item which equals...
Affiliated Group
When two or more...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Phase 2
Process to be used to determine economic injury for...
Capital Leases
are for the purchase of fixed assets such as...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Emerging Small Business
A small business concern whose...
Comparative Analysis
Is designed to point out significant trends that...
Extraordinary Items
Additional expenses that are...
Principal
the owner(s) of the Applicant Entity that...
Partnering
A mutually beneficial business-to-bus...
Trend Analysis
A comparative analysis of...

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