Acquisition

The acquiring of supplies or services by the federal government with appropriated funds through purchase or lease.

Updated on
September 9, 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.
Applicant Individual
aka who is requesting an SBA loan...
Acquisition
The acquiring of supplies or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Partnering
A mutually beneficial business-to-bus...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Affiliate
Business concerns are affiliates if one concern...
Equity
An accounting term used to...
Comparative Analysis
Is designed to point out significant trends that...
Extraordinary Items
Additional expenses that are...
Business Activity
The business (or loss) activity of...
Amortization
A non-cash operating expense that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Normal Gross Margin
The margin that would have been...

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