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.
Applicant Entity
The business entity requesting...
Substantial Damage
This means uninsured or otherwise uncompensated...
Days Payable
A measure of the average time a...
Full and Open Competition
With respect to a contract action...
Applicant/Co-Applicant
Business entity and person requesting...
Credit Score Test
Part of the home loan CET show a...
Break-even Analysis
A calculation of the approximate sales...
B/E (Business EIDL) Loan
A business loan that...
Trend Analysis
A comparative analysis of...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Small Business
A business smaller than...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Intermediary Organization
Organizations that play a funda...
Guarantor
The legal entity and...
Subsidiary
A company for which a majority of the...

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