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.
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Phase 2
Process to be used to determine economic injury for...
Comparative Analysis
Is designed to point out significant trends that...
Applicant/Co-Applicant
Business entity and person requesting...
Request for Proposal (RFP)
A document outlining a...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Partnership
A type of unincorporated business org...
Affiliate
Business concerns are affiliates if one concern...
SCORE
Counselors to America's Small Bus...
Subsidiary
A company for which a majority of the...
Credit Elsewhere Test (CET)
The test to determine the...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Electronic Data Interchange
Transmission of information bet...
Full and Open Competition
With respect to a contract action...
Cash-basis Accounting
records revenue when cash is...

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