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.
Phase 2
Process to be used to determine economic injury for...
Lien
A legal claim against an...
Best and Final Offer
For negotiated procurements...
Cash-basis Accounting
records revenue when cash is...
Projection
An estimate of future economic or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
S-Corporation
A form of corporation, allowed by...
Current Liabilities
A balance sheet item, which...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Guarantor
The legal entity and...
Hardship Waiver
Method used to approve a...
Prime Contract
A contract awarded directly...
GPM%
The measure of every sales dollar left...
Comparative Analysis
Is designed to point out significant trends that...

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