Small Business terms starting with S

5 terms

1. SBA Guaranteed Loan Guaranteed loans are made by private lenders and then guaranteed by the SBA. The SBA's share may not exceed $750,000.
2. SBIC (See: Investment Company)
3. Services Corps of Retired Executives (SCORE) Retired successful business persons who volunteer to render assistance in counseling and guiding struggling independent businesses.
4. Sole Proprietorship A business entity privately owned by a single individual.
5. Subchapter "S" Corporation A private corporation of 35 or fewer stockholders who pay personal income rather than corporate tax on net profits.