Request for Proposal (RFP)

A document outlining a government agency’s requirements and the criteria for the evaluation of offers.

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.
Negotiation
Contracting through the use of...
Lien
A legal claim against an...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Best and Final Offer
For negotiated procurements...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Injury Analysis
Measures the effects of...
Comparative Analysis
Is designed to point out significant trends that...
Extraordinary Items
Additional expenses that are...
Working Capital (WC)
The amount of current assets that...
Electronic Data Interchange
Transmission of information bet...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Cash Flow Test
Part of the CET that determines if...
Operating Leases
are deducted on the company’s...

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