Glossary
SBA Terms

Subcontract

A contract between a prime contractor and a subcontractor to furnish supplies or services for the performance of a prime contract or subcontract.

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.
Trend Analysis
A comparative analysis of...
Corporation (C-corp.)
The most common form of business org...
Break-even Analysis
A calculation of the approximate sales...
Liabilities
A financial obligation...
Applicant Entity
The business entity requesting...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Phase 1
Process used to determine the...
Certificate of Competency
A certificate issued by the Small Bus...
Hardship Waiver
Method used to approve a...
Small Business
A business smaller than...
Partnering
A mutually beneficial business-to-bus...
Negotiation
Contracting through the use of...
Contract
A mutually binding legal rel..
Intermediary Organization
Organizations that play a funda...
Acquisition
The acquiring of supplies or...

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