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.
Limited Partnership
A business organization with one or...
Intermediary Organization
Organizations that play a funda...
Partnering
A mutually beneficial business-to-bus...
Cash Flow Test
Part of the CET that determines if...
Certified 8(a) Firm
A firm owned and operated by socially and...
Standard Industrial Classification (SIC) Code
A code representing a category within...
GPM%
The measure of every sales dollar left...
B/E (Business EIDL) Loan
A business loan that...
S-Corporation
A form of corporation, allowed by...
Mentor
A business, usually large, or...
Small Disadvantaged Business Concern
A small business concern that...
Trend Analysis
A comparative analysis of...
Affiliated Group
When two or more...
SCORE
Counselors to America's Small Bus...
Operating Leases
are deducted on the company’s...

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