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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
B/E (Business EIDL) Loan
A business loan that...
Guarantor
The legal entity and...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Normal Annual Sales
Those sales that would have...
Hardship Waiver
Method used to approve a...
Cash Flow Test
Part of the CET that determines if...
Amortization
A non-cash operating expense that...
Subcontract
A contract between a prime cont...
Credit Score Test
Part of the home loan CET show a...
Joint Venture
In the SBA Mentor-Protégé Program...
Days Payable
A measure of the average time a...
Assets
The amount of current assets that is left...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Applicant Individual
aka who is requesting an SBA loan...

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