Sole Proprietor

an individual who owns an unincorporated business by himself/ or herself.

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.
Guarantor
The legal entity and...
Acquisition
The acquiring of supplies or...
Comparative Analysis
Is designed to point out significant trends that...
Limited Partnership
A business organization with one or...
Mentor
A business, usually large, or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Operating Leases
are deducted on the company’s...
Liabilities
A financial obligation...
Business Activity
The business (or loss) activity of...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Amortization
A non-cash operating expense that...
Normal Gross Margin
The margin that would have been...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
SCORE
Counselors to America's Small Bus...
S-Corporation
A form of corporation, allowed by...

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