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.
Adjusted Net Worth
Post disaster fair market value of tangible...
B/E (Business EIDL) Loan
A business loan that...
Extraordinary Items
Additional expenses that are...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Normal Annual Sales
Those sales that would have...
Protégé
A firm in a developmental stage that...
Emerging Small Business
A small business concern whose...
Collateral
Assets pledged by a borrower to secure a loan...
Corporation (C-corp.)
The most common form of business org...
Trend Analysis
A comparative analysis of...
Negotiation
Contracting through the use of...
Principal
the owner(s) of the Applicant Entity that...
Contracting
Purchasing, renting, leasing, or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Mentor
A business, usually large, or...

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