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.
Injury Analysis
Measures the effects of...
Guarantor
The legal entity and...
Joint Venture
In the SBA Mentor-Protégé Program...
Full and Open Competition
With respect to a contract action...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Protégé
A firm in a developmental stage that...
Affiliated Group
When two or more...
Small Business
A business smaller than...
Limited Partnership
A business organization with one or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Phase 2
Process to be used to determine economic injury for...
Depreciation
A non-cash operating expense that...
Phase 1
Process used to determine the...
Affiliate
Business concerns are affiliates if one concern...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.