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.
Hardship Waiver
Method used to approve a...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Certified 8(a) Firm
A firm owned and operated by socially and...
GPM%
The measure of every sales dollar left...
Duplicated Interest
The amount of interest exp...
Acquisition
The acquiring of supplies or...
Negotiation
Contracting through the use of...
SCORE
Counselors to America's Small Bus...
Capital Leases
are for the purchase of fixed assets such as...
Applicant Individual
aka who is requesting an SBA loan...
Phase 2
Process to be used to determine economic injury for...
Trend Analysis
A comparative analysis of...
Current Liabilities
A balance sheet item, which...
Credit Score Test
Part of the home loan CET show a...
Cash Flow Test
Part of the CET that determines if...

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