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.
Extraordinary Items
Additional expenses that are...
Liabilities
A financial obligation...
Primary Activity
The major business activity of...
Depreciation
A non-cash operating expense that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Phase 1
Process used to determine the...
Current Assets
A balance sheet item which equals...
Assets
The amount of current assets that is left...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Hardship Waiver
Method used to approve a...
Subsidiary
A company for which a majority of the...
Trend Analysis
A comparative analysis of...
Intermediary Organization
Organizations that play a funda...
Defense Contractor
Any person who enters into...
Contract
A mutually binding legal rel..

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