Source: SBA.gov

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

SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

Explore 7a loans

SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

Explore 504 loans

SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

Explore microloans

SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.

Electronic Data Interchange

Transmission of information bet...

Go to full definition ->

Limited Liability Entities (company/partnership)

An LLE provides business owners with...

Go to full definition ->

Projection

An estimate of future economic or...

Go to full definition ->

Mentor

A business, usually large, or...

Go to full definition ->

Contract

A mutually binding legal rel..

Go to full definition ->

Available Asset Test

Part of the CET that determines if an applicant(s) has...

Go to full definition ->

Accrual Basis Accounting

recognizes revenues when earned and expenses are...

Go to full definition ->

Cash Flow Test

Part of the CET that determines if...

Go to full definition ->

Companion File

When an applicant has another application filed...

Go to full definition ->

Acquisition

The acquiring of supplies or...

Go to full definition ->

Cash Available to Service Additional Debt (CASAD)

The cash flow determined that...

Go to full definition ->

Limited Partnership

A business organization with one or...

Go to full definition ->

Credit Elsewhere Test (CET)

The test to determine the...

Go to full definition ->

Extraordinary Items

Additional expenses that are...

Go to full definition ->

Capital Leases

are for the purchase of fixed assets such as...

Go to full definition ->

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.