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.
Cash Flow Test
Part of the CET that determines if...
Injury Period
The time period during...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Contracting Officer
A person with the authority to...
Current Liabilities
A balance sheet item, which...
S-Corporation
A form of corporation, allowed by...
Affiliates
Business concerns, organizations, or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Small Business
A business smaller than...
Credit Elsewhere Test (CET)
The test to determine the...
Capital Leases
are for the purchase of fixed assets such as...
Normal Annual Sales
Those sales that would have...
Normal Gross Margin
The margin that would have been...
Physical Loans
Funds to repair/replace dis...
Subcontract
A contract between a prime cont...

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