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.
Contractor Team Arrangement
An arrangement in which...
Assets
The amount of current assets that is left...
Applicant Entity
The business entity requesting...
Emerging Small Business
A small business concern whose...
Limited Partnership
A business organization with one or...
Intermediary Organization
Organizations that play a funda...
Cash Flow Test
Part of the CET that determines if...
Contract
A mutually binding legal rel..
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Comparative Analysis
Is designed to point out significant trends that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Adjusted Net Worth
Post disaster fair market value of tangible...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Lien
A legal claim against an...

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