Contractor Team Arrangement

An arrangement in which (a) two or more companies form a partnership or joint venture to act as potential prime contractor; or (b) an agreement by a potential prime contractor with one or more other companies to have them act as its subcontractors under a specified government contract or acquisition 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.
Applicant/Co-Applicant
Business entity and person requesting...
Partnership
A type of unincorporated business org...
Extraordinary Items
Additional expenses that are...
Working Capital (WC)
The amount of current assets that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Cash-basis Accounting
records revenue when cash is...
Phase 2
Process to be used to determine economic injury for...
Current Assets
A balance sheet item which equals...
Phase 1
Process used to determine the...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Electronic Data Interchange
Transmission of information bet...
Intermediary Organization
Organizations that play a funda...
Equity
An accounting term used to...
GPM%
The measure of every sales dollar left...

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