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.
Extraordinary Items
Additional expenses that are...
Current Liabilities
A balance sheet item, which...
Phase 1
Process used to determine the...
Break-even Analysis
A calculation of the approximate sales...
Intermediary Organization
Organizations that play a funda...
Affiliate
Business concerns are affiliates if one concern...
S-Corporation
A form of corporation, allowed by...
Partnership
A type of unincorporated business org...
GPM%
The measure of every sales dollar left...
Amortization
A non-cash operating expense that...
Collateral
Assets pledged by a borrower to secure a loan...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Sole Proprietor
an individual who...
Credit Elsewhere Test (CET)
The test to determine the...
Joint Venture
In the SBA Mentor-Protégé Program...

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