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.
Trend Analysis
A comparative analysis of...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Credit Score Test
Part of the home loan CET show a...
Intermediary Organization
Organizations that play a funda...
Affiliated Group
When two or more...
Mentor
A business, usually large, or...
Normal Annual Sales
Those sales that would have...
Contracting
Purchasing, renting, leasing, or...
Cash-basis Accounting
records revenue when cash is...
Joint Venture
In the SBA Mentor-Protégé Program...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Assets
The amount of current assets that is left...
S-Corporation
A form of corporation, allowed by...
Contracting Officer
A person with the authority to...

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