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.
Affiliated Group
When two or more...
Negotiation
Contracting through the use of...
SCORE
Counselors to America's Small Bus...
Electronic Data Interchange
Transmission of information bet...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Comparative Analysis
Is designed to point out significant trends that...
Joint Venture
In the SBA Mentor-Protégé Program...
Days Payable
A measure of the average time a...
Collateral
Assets pledged by a borrower to secure a loan...
Cash-basis Accounting
records revenue when cash is...
Companion File
When an applicant has another application filed...
Certified 8(a) Firm
A firm owned and operated by socially and...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Phase 1
Process used to determine the...

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