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.
Amortization
A non-cash operating expense that...
Hardship Waiver
Method used to approve a...
Adjusted Net Worth
Post disaster fair market value of tangible...
Phase 1
Process used to determine the...
GPM%
The measure of every sales dollar left...
Electronic Data Interchange
Transmission of information bet...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Corporation (C-corp.)
The most common form of business org...
Extraordinary Items
Additional expenses that are...
Collateral
Assets pledged by a borrower to secure a loan...
Phase 2
Process to be used to determine economic injury for...
Partnering
A mutually beneficial business-to-bus...
Lien
A legal claim against an...
Joint Venture
In the SBA Mentor-Protégé Program...
Physical Loans
Funds to repair/replace dis...

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