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.
Best and Final Offer
For negotiated procurements...
Partnering
A mutually beneficial business-to-bus...
Applicant Entity
The business entity requesting...
Days Receivable
A measure of the average time a...
Collateral
Assets pledged by a borrower to secure a loan...
Phase 1
Process used to determine the...
Credit Score Test
Part of the home loan CET show a...
Contractor Team Arrangement
An arrangement in which...
Protégé
A firm in a developmental stage that...
Prime Contract
A contract awarded directly...
Injury Period
The time period during...
Emerging Small Business
A small business concern whose...
Duplicated Interest
The amount of interest exp...
Projection
An estimate of future economic or...
Subcontract
A contract between a prime cont...

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