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.
Affiliates
Business concerns, organizations, or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Request for Proposal (RFP)
A document outlining a...
Certificate of Competency
A certificate issued by the Small Bus...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Cash Flow Test
Part of the CET that determines if...
Break-even Analysis
A calculation of the approximate sales...
Liabilities
A financial obligation...
Substantial Damage
This means uninsured or otherwise uncompensated...
Affiliated Group
When two or more...
Operating Leases
are deducted on the company’s...
Protégé
A firm in a developmental stage that...
Affiliate
Business concerns are affiliates if one concern...
Limited Partnership
A business organization with one or...
Business Activity
The business (or loss) activity of...

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