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.
Liabilities
A financial obligation...
Projection
An estimate of future economic or...
Current Assets
A balance sheet item which equals...
Comparative Analysis
Is designed to point out significant trends that...
Acquisition
The acquiring of supplies or...
B/E (Business EIDL) Loan
A business loan that...
Capital Leases
are for the purchase of fixed assets such as...
Credit Elsewhere Test (CET)
The test to determine the...
Protégé
A firm in a developmental stage that...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Trend Analysis
A comparative analysis of...
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Contractor
Any person who enters into...

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