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.
Affiliates
Business concerns, organizations, or...
Operating Leases
are deducted on the company’s...
Substantial Damage
This means uninsured or otherwise uncompensated...
Negotiation
Contracting through the use of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Small Disadvantaged Business Concern
A small business concern that...
Hardship Waiver
Method used to approve a...
Phase 2
Process to be used to determine economic injury for...
Joint Venture
In the SBA Mentor-Protégé Program...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Guarantor
The legal entity and...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Small Business
A business smaller than...
Liabilities
A financial obligation...
Protégé
A firm in a developmental stage that...

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