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.
S-Corporation
A form of corporation, allowed by...
Small Business
A business smaller than...
Phase 1
Process used to determine the...
Contractor Team Arrangement
An arrangement in which...
Partnership
A type of unincorporated business org...
Affiliate
Business concerns are affiliates if one concern...
Fair and Reasonable Price
A price that is fair to both parties...
Amortization
A non-cash operating expense that...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Emerging Small Business
A small business concern whose...
Cash-basis Accounting
records revenue when cash is...
Days Receivable
A measure of the average time a...
Substantial Damage
This means uninsured or otherwise uncompensated...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Duplicated Interest
The amount of interest exp...

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