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

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SBA 504 Loans

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SBA Microloans

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

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SBA Glossary

Common SBA Terms

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

Lien

A legal claim against an...

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Negotiation

Contracting through the use of...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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Small Disadvantaged Business Concern

A small business concern that...

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Companion File

When an applicant has another application filed...

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Best and Final Offer

For negotiated procurements...

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Certified 8(a) Firm

A firm owned and operated by socially and...

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Emerging Small Business

A small business concern whose...

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Business Activity

The business (or loss) activity of...

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Sole Proprietor

an individual who...

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Cash Available to Service Additional Debt (CASAD)

The cash flow determined that...

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Depreciation

A non-cash operating expense that...

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SCORE

Counselors to America's Small Bus...

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Accrual Basis Accounting

recognizes revenues when earned and expenses are...

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Available Asset Test

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

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