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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Adjusted Net Worth
Post disaster fair market value of tangible...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Full and Open Competition
With respect to a contract action...
Normal Annual Sales
Those sales that would have...
Primary Activity
The major business activity of...
Partnering
A mutually beneficial business-to-bus...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Affiliate
Business concerns are affiliates if one concern...
Days Payable
A measure of the average time a...
Physical Loans
Funds to repair/replace dis...
Applicant Entity
The business entity requesting...
Cash Flow Test
Part of the CET that determines if...
Days Receivable
A measure of the average time a...
Injury Analysis
Measures the effects of...

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