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...
Affiliates
Business concerns, organizations, or...
GPM%
The measure of every sales dollar left...
Subcontract
A contract between a prime cont...
Negotiation
Contracting through the use of...
Business Activity
The business (or loss) activity of...
Injury Analysis
Measures the effects of...
Days Payable
A measure of the average time a...
Income Statement
Shows the entity’s income and...
Applicant/Co-Applicant
Business entity and person requesting...
Principal
the owner(s) of the Applicant Entity that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Contracting
Purchasing, renting, leasing, or...
Request for Proposal (RFP)
A document outlining a...
Defense Contractor
Any person who enters into...

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