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.
Income Statement
Shows the entity’s income and...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Credit Score Test
Part of the home loan CET show a...
Partnering
A mutually beneficial business-to-bus...
Liabilities
A financial obligation...
Cash-basis Accounting
records revenue when cash is...
Amortization
A non-cash operating expense that...
Certificate of Competency
A certificate issued by the Small Bus...
Lien
A legal claim against an...
Small Business
A business smaller than...
Companion File
When an applicant has another application filed...
Subcontract
A contract between a prime cont...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Request for Proposal (RFP)
A document outlining a...

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