Working Capital (WC)

The amount of current assets that is left after all current debts are paid.

Updated on
September 8, 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.
Small Disadvantaged Business Concern
A small business concern that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Hardship Waiver
Method used to approve a...
Negotiation
Contracting through the use of...
SCORE
Counselors to America's Small Bus...
B/E (Business EIDL) Loan
A business loan that...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Primary Activity
The major business activity of...
GPM%
The measure of every sales dollar left...
Subsidiary
A company for which a majority of the...
Injury Period
The time period during...
Applicant/Co-Applicant
Business entity and person requesting...
Operating Leases
are deducted on the company’s...
Projection
An estimate of future economic or...
Applicant Individual
aka who is requesting an SBA loan...

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