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.
Defense Contractor
Any person who enters into...
B/E (Business EIDL) Loan
A business loan that...
Current Assets
A balance sheet item which equals...
Affiliates
Business concerns, organizations, or...
Cash Flow Test
Part of the CET that determines if...
Subsidiary
A company for which a majority of the...
Principal
the owner(s) of the Applicant Entity that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Projection
An estimate of future economic or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Business Activity
The business (or loss) activity of...
Limited Partnership
A business organization with one or...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Extraordinary Items
Additional expenses that are...

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