Negotiation

Contracting through the use of either competitive or other-than-competitive proposals and discussions. Any contract awarded without using sealed bidding procedures is a negotiated 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.
Current Liabilities
A balance sheet item, which...
B/E (Business EIDL) Loan
A business loan that...
GPM%
The measure of every sales dollar left...
Cash Flow Test
Part of the CET that determines if...
Physical Loans
Funds to repair/replace dis...
Trend Analysis
A comparative analysis of...
Fair and Reasonable Price
A price that is fair to both parties...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Extraordinary Items
Additional expenses that are...
Depreciation
A non-cash operating expense that...
Contract
A mutually binding legal rel..
SCORE
Counselors to America's Small Bus...
Hardship Waiver
Method used to approve a...
Applicant Individual
aka who is requesting an SBA loan...

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