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.
Injury Period
The time period during...
Equity
An accounting term used to...
Comparative Analysis
Is designed to point out significant trends that...
Intermediary Organization
Organizations that play a funda...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Cash-basis Accounting
records revenue when cash is...
Normal Gross Margin
The margin that would have been...
Adjusted Net Worth
Post disaster fair market value of tangible...
Companion File
When an applicant has another application filed...
Hardship Waiver
Method used to approve a...
Capital Leases
are for the purchase of fixed assets such as...
Limited Partnership
A business organization with one or...
Current Liabilities
A balance sheet item, which...
Acquisition
The acquiring of supplies or...
Phase 2
Process to be used to determine economic injury for...

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