Certified 8(a) Firm

A firm owned and operated by socially and economically disadvantaged individuals and eligible to receive federal contracts under the Small Business Administration’s 8(a) Business Development Program.

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.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Capital Leases
are for the purchase of fixed assets such as...
Affiliated Group
When two or more...
Lien
A legal claim against an...
Break-even Analysis
A calculation of the approximate sales...
Days Payable
A measure of the average time a...
Contractor Team Arrangement
An arrangement in which...
Sole Proprietor
an individual who...
Acquisition
The acquiring of supplies or...
Contracting Officer
A person with the authority to...
Principal
the owner(s) of the Applicant Entity that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Guarantor
The legal entity and...
Duplicated Interest
The amount of interest exp...
Intermediary Organization
Organizations that play a funda...

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