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...
Assets
The amount of current assets that is left...
Working Capital (WC)
The amount of current assets that...
Income Statement
Shows the entity’s income and...
Normal Annual Sales
Those sales that would have...
Lien
A legal claim against an...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Collateral
Assets pledged by a borrower to secure a loan...
GPM%
The measure of every sales dollar left...
Corporation (C-corp.)
The most common form of business org...
Trend Analysis
A comparative analysis of...
Request for Proposal (RFP)
A document outlining a...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Liabilities
A financial obligation...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...

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