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.
Break-even Analysis
A calculation of the approximate sales...
Affiliated Group
When two or more...
Fair and Reasonable Price
A price that is fair to both parties...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
S-Corporation
A form of corporation, allowed by...
Hardship Waiver
Method used to approve a...
Acquisition
The acquiring of supplies or...
Cash-basis Accounting
records revenue when cash is...
Affiliates
Business concerns, organizations, or...
Partnering
A mutually beneficial business-to-bus...
Equity
An accounting term used to...
Electronic Data Interchange
Transmission of information bet...
Assets
The amount of current assets that is left...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Days Receivable
A measure of the average time a...

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