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.
Affiliates
Business concerns, organizations, or...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Days Payable
A measure of the average time a...
Working Capital (WC)
The amount of current assets that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Injury Analysis
Measures the effects of...
Mentor
A business, usually large, or...
Days Receivable
A measure of the average time a...
Affiliated Group
When two or more...
Substantial Damage
This means uninsured or otherwise uncompensated...
Negotiation
Contracting through the use of...
Full and Open Competition
With respect to a contract action...
Normal Annual Sales
Those sales that would have...
Affiliate
Business concerns are affiliates if one concern...
Defense Contractor
Any person who enters into...

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