Partnering

A mutually beneficial business-to-business relationship based on trust and commitment and that enhances the capabilities of both parties.

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.
Capital Leases
are for the purchase of fixed assets such as...
Days Payable
A measure of the average time a...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Income Statement
Shows the entity’s income and...
Partnering
A mutually beneficial business-to-bus...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Joint Venture
In the SBA Mentor-Protégé Program...
Subcontract
A contract between a prime cont...
Corporation (C-corp.)
The most common form of business org...
Duplicated Interest
The amount of interest exp...
Adjusted Net Worth
Post disaster fair market value of tangible...
Cash-basis Accounting
records revenue when cash is...
Contract
A mutually binding legal rel..
Contracting
Purchasing, renting, leasing, or...
Certified 8(a) Firm
A firm owned and operated by socially and...

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