Contractor Team Arrangement

An arrangement in which (a) two or more companies form a partnership or joint venture to act as potential prime contractor; or (b) an agreement by a potential prime contractor with one or more other companies to have them act as its subcontractors under a specified government contract or acquisition program.

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.
Contracting Officer
A person with the authority to...
Acquisition
The acquiring of supplies or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Injury Period
The time period during...
NAICS
NAICS codes are common...
SCORE
Counselors to America's Small Bus...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Extraordinary Items
Additional expenses that are...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Sole Proprietor
an individual who...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Joint Venture
In the SBA Mentor-Protégé Program...
Primary Activity
The major business activity of...
Days Receivable
A measure of the average time a...

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