Acquisition

The acquiring of supplies or services by the federal government with appropriated funds through purchase or lease.

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.
Comparative Analysis
Is designed to point out significant trends that...
Small Disadvantaged Business Concern
A small business concern that...
Intermediary Organization
Organizations that play a funda...
GPM%
The measure of every sales dollar left...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Limited Partnership
A business organization with one or...
Current Liabilities
A balance sheet item, which...
Assets
The amount of current assets that is left...
Negotiation
Contracting through the use of...
Acquisition
The acquiring of supplies or...
Affiliated Group
When two or more...
Business Activity
The business (or loss) activity of...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Subsidiary
A company for which a majority of the...

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