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.
Current Assets
A balance sheet item which equals...
Injury Analysis
Measures the effects of...
Capital Leases
are for the purchase of fixed assets such as...
Emerging Small Business
A small business concern whose...
Acquisition
The acquiring of supplies or...
Subcontract
A contract between a prime cont...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Contract
A mutually binding legal rel..
Partnership
A type of unincorporated business org...
Comparative Analysis
Is designed to point out significant trends that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Prime Contract
A contract awarded directly...
Depreciation
A non-cash operating expense that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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