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.
Fair and Reasonable Price
A price that is fair to both parties...
Limited Partnership
A business organization with one or...
Days Receivable
A measure of the average time a...
Protégé
A firm in a developmental stage that...
Amortization
A non-cash operating expense that...
Full and Open Competition
With respect to a contract action...
Emerging Small Business
A small business concern whose...
Mentor
A business, usually large, or...
Trend Analysis
A comparative analysis of...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Applicant/Co-Applicant
Business entity and person requesting...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Acquisition
The acquiring of supplies or...
Physical Loans
Funds to repair/replace dis...

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