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.
Partnering
A mutually beneficial business-to-bus...
Intermediary Organization
Organizations that play a funda...
Phase 1
Process used to determine the...
Applicant Individual
aka who is requesting an SBA loan...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Trend Analysis
A comparative analysis of...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Electronic Data Interchange
Transmission of information bet...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Credit Elsewhere Test (CET)
The test to determine the...
Affiliated Group
When two or more...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
SCORE
Counselors to America's Small Bus...
Days Payable
A measure of the average time a...

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