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.
SCORE
Counselors to America's Small Bus...
Comparative Analysis
Is designed to point out significant trends that...
Contracting Officer
A person with the authority to...
Best and Final Offer
For negotiated procurements...
Subsidiary
A company for which a majority of the...
Limited Partnership
A business organization with one or...
Protégé
A firm in a developmental stage that...
Credit Elsewhere Test (CET)
The test to determine the...
Fair and Reasonable Price
A price that is fair to both parties...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Joint Venture
In the SBA Mentor-Protégé Program...
Business Activity
The business (or loss) activity of...
Mentor
A business, usually large, or...

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