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.
Days Payable
A measure of the average time a...
Normal Gross Margin
The margin that would have been...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Subsidiary
A company for which a majority of the...
Injury Analysis
Measures the effects of...
Business Activity
The business (or loss) activity of...
Limited Partnership
A business organization with one or...
Full and Open Competition
With respect to a contract action...
Injury Period
The time period during...
Trend Analysis
A comparative analysis of...
Operating Leases
are deducted on the company’s...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Cash Flow Test
Part of the CET that determines if...
Working Capital (WC)
The amount of current assets that...
Phase 1
Process used to determine the...

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