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.
Negotiation
Contracting through the use of...
Lien
A legal claim against an...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Subcontract
A contract between a prime cont...
Current Liabilities
A balance sheet item, which...
GPM%
The measure of every sales dollar left...
Physical Loans
Funds to repair/replace dis...
Amortization
A non-cash operating expense that...
Contracting Officer
A person with the authority to...
Companion File
When an applicant has another application filed...
Fair and Reasonable Price
A price that is fair to both parties...
Current Assets
A balance sheet item which equals...
Acquisition
The acquiring of supplies or...
Comparative Analysis
Is designed to point out significant trends that...
Mentor
A business, usually large, or...

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