Contracting

Purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources. Contracting includes the description of supplies and services required, the selection and solicitation of sources, the preparation and award of contracts, and all phases of contract administration. It does not include grants or cooperative agreements.

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...
Best and Final Offer
For negotiated procurements...
Amortization
A non-cash operating expense that...
Affiliates
Business concerns, organizations, or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Physical Loans
Funds to repair/replace dis...
Intermediary Organization
Organizations that play a funda...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Injury Analysis
Measures the effects of...
Normal Annual Sales
Those sales that would have...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Full and Open Competition
With respect to a contract action...
Phase 1
Process used to determine the...
Credit Elsewhere Test (CET)
The test to determine the...

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