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.
Assets
The amount of current assets that is left...
Contractor Team Arrangement
An arrangement in which...
Trend Analysis
A comparative analysis of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Collateral
Assets pledged by a borrower to secure a loan...
Best and Final Offer
For negotiated procurements...
Current Liabilities
A balance sheet item, which...
Projection
An estimate of future economic or...
Applicant Individual
aka who is requesting an SBA loan...
Corporation (C-corp.)
The most common form of business org...
Subcontract
A contract between a prime cont...
Contract
A mutually binding legal rel..
Electronic Data Interchange
Transmission of information bet...
Certificate of Competency
A certificate issued by the Small Bus...
NAICS
NAICS codes are common...

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