Glossary
SBA Terms

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
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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans

SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
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...
Intermediary Organization
Organizations that play a funda...
Emerging Small Business
A small business concern whose...
Small Disadvantaged Business Concern
A small business concern that...
Negotiation
Contracting through the use of...
Guarantor
The legal entity and...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Break-even Analysis
A calculation of the approximate sales...
Request for Proposal (RFP)
A document outlining a...
Contractor Team Arrangement
An arrangement in which...
Injury Period
The time period during...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Partnering
A mutually beneficial business-to-bus...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Days Payable
A measure of the average time a...

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