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.
Collateral
Assets pledged by a borrower to secure a loan...
Business Activity
The business (or loss) activity of...
Liabilities
A financial obligation...
Acquisition
The acquiring of supplies or...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Limited Partnership
A business organization with one or...
Electronic Data Interchange
Transmission of information bet...
Protégé
A firm in a developmental stage that...
Current Liabilities
A balance sheet item, which...
Mentor
A business, usually large, or...
Normal Gross Margin
The margin that would have been...
Primary Activity
The major business activity of...
Days Receivable
A measure of the average time a...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Available Asset Test
Part of the CET that determines if an applicant(s) has...

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