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.
Negotiation
Contracting through the use of...
Lien
A legal claim against an...
Adjusted Net Worth
Post disaster fair market value of tangible...
Acquisition
The acquiring of supplies or...
Hardship Waiver
Method used to approve a...
Small Business
A business smaller than...
Partnership
A type of unincorporated business org...
Cash-basis Accounting
records revenue when cash is...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
GPM%
The measure of every sales dollar left...
Affiliate
Business concerns are affiliates if one concern...
Duplicated Interest
The amount of interest exp...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Extraordinary Items
Additional expenses that are...
Subsidiary
A company for which a majority of the...

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