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.
Phase 2
Process to be used to determine economic injury for...
Subsidiary
A company for which a majority of the...
GPM%
The measure of every sales dollar left...
Applicant Individual
aka who is requesting an SBA loan...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
SCORE
Counselors to America's Small Bus...
Normal Annual Sales
Those sales that would have...
Cash Flow Test
Part of the CET that determines if...
Fair and Reasonable Price
A price that is fair to both parties...
Request for Proposal (RFP)
A document outlining a...
Substantial Damage
This means uninsured or otherwise uncompensated...
Partnering
A mutually beneficial business-to-bus...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Acquisition
The acquiring of supplies or...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

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