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.
Normal Annual Sales
Those sales that would have...
Days Receivable
A measure of the average time a...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Small Disadvantaged Business Concern
A small business concern that...
Contractor Team Arrangement
An arrangement in which...
Applicant/Co-Applicant
Business entity and person requesting...
Acquisition
The acquiring of supplies or...
Primary Activity
The major business activity of...
Best and Final Offer
For negotiated procurements...
Subsidiary
A company for which a majority of the...
Working Capital (WC)
The amount of current assets that...
Substantial Damage
This means uninsured or otherwise uncompensated...
Protégé
A firm in a developmental stage that...
Injury Period
The time period during...
Income Statement
Shows the entity’s income and...

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