Joint Venture

In the SBA Mentor-Protégé Program, an agreement between a certified 8(a) firm and a mentor firm to perform a specific federal contract.

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.
Limited Partnership
A business organization with one or...
Acquisition
The acquiring of supplies or...
Phase 1
Process used to determine the...
Electronic Data Interchange
Transmission of information bet...
Contract
A mutually binding legal rel..
Intermediary Organization
Organizations that play a funda...
Extraordinary Items
Additional expenses that are...
Request for Proposal (RFP)
A document outlining a...
Depreciation
A non-cash operating expense that...
Applicant Entity
The business entity requesting...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Comparative Analysis
Is designed to point out significant trends that...
Companion File
When an applicant has another application filed...
Assets
The amount of current assets that is left...
Certificate of Competency
A certificate issued by the Small Bus...

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