Defense Acquisition Regulatory Council (DARC)

A group composed of representatives from each Military department, the Defense Logistics Agency, and the National Aeronautics and Space Administration and that is in charge of the Federal Acquisition Regulation (FAR) on a joint basis with the Civilian Agency Acquisition Council (CAAC).

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.
Phase 1
Process used to determine the...
Limited Partnership
A business organization with one or...
Business Activity
The business (or loss) activity of...
Subcontract
A contract between a prime cont...
Best and Final Offer
For negotiated procurements...
Injury Period
The time period during...
Comparative Analysis
Is designed to point out significant trends that...
Substantial Damage
This means uninsured or otherwise uncompensated...
Income Statement
Shows the entity’s income and...
Defense Contractor
Any person who enters into...
Equity
An accounting term used to...
Collateral
Assets pledged by a borrower to secure a loan...
Depreciation
A non-cash operating expense that...
Assets
The amount of current assets that is left...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...

Get the quick rundown on SBA Loans

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