SBA Study Guide 2026
Everything you need to pass the SBA exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 SBA Exam Format at a Glance
📚 SBA Topics to Study (24)
✍️ Sample SBA Questions & Answers
1. Which financial ratio measures a company's ability to meet short-term obligations?
The current ratio is a key financial metric that measures a company's ability to meet its short-term obligations (those due within one year) using its current assets. It is calculated by dividing current assets by current liabilities. A higher current ratio generally indicates better short-term liquidity and financial health, signaling that the company has sufficient resources to cover its immediate debts.
2. What is the maximum loan amount available under the SBA Export Express program?
The SBA Export Express program provides fast access to export financing with a maximum loan amount of $500,000 for eligible small businesses.
3. Which SBA resource provides free, confidential business mentoring and advice through a network of volunteer expert business mentors?
SCORE is a nonprofit association supported by the SBA that provides free business mentoring and education through a nationwide network of volunteer business mentors.
4. What is an elevator pitch?
An elevator pitch is a concise, persuasive summary of a business idea, product, or service, designed to be delivered in a short amount of time, typically 30-60 seconds. Its purpose is to quickly capture interest and convey the core value proposition to potential investors, partners, or customers. It's a vital tool for networking and initial introductions.
5. What does 'mobile commerce' (m-commerce) refer to for small businesses?
M-commerce refers to commercial transactions conducted via mobile devices, including mobile payments, shopping apps, and mobile-optimized websites.
6. What is 'intellectual property' in the context of a small business?
Intellectual property (IP) refers to intangible assets created through human intellect, including patents, trademarks, copyrights, and trade secrets.
🎯 Free SBA Practice Tests
📖 SBA Guides & Articles
What Practice Test Geeks adds beyond an AI chat for SBA
An AI chatbot can quiz you, but it can't reproduce the exam conditions or keep your record. Here you get:
- A timed, full-length SBA mock exam — 50 questions in 90 minutes with a 70% pass mark, modeled on the official exam's question count and time limit, followed by a score report broken down by exam domain.
- A fixed SBA question bank: the same test every attempt, so your score is comparable from one try to the next instead of changing with every regenerated quiz.
- Progress saved on your device: completed tests, scores and missed questions stay in My Progress, so you can retake only what you got wrong.
- A printable SBA cheat sheet you can print or save as a PDF.
- SBA flashcards built from the same question bank.
- Free SBA practice tests with the correct answer shown after each question.
How this page was made: written with AI tools and published by Nathan Beja, founder of Practice Test Geeks, who is responsible for its content. Exam facts are checked against the official sources listed below. Not reviewed by a subject-matter expert. Editorial policy
Sources & references
Exam facts on this page (fees, format, dates, passing scores) are checked against these official sources; the date is our last check. Editorial policy
- sba.gov — Test delivery, eligibility, renewal, score release, score validity · verified Oct 2026