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.
Credit Score Test
Part of the home loan CET show a...
Adjusted Net Worth
Post disaster fair market value of tangible...
Current Assets
A balance sheet item which equals...
Corporation (C-corp.)
The most common form of business org...
Limited Partnership
A business organization with one or...
Phase 2
Process to be used to determine economic injury for...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Intermediary Organization
Organizations that play a funda...
Negotiation
Contracting through the use of...
Small Business
A business smaller than...
Capital Leases
are for the purchase of fixed assets such as...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Applicant Entity
The business entity requesting...
Partnering
A mutually beneficial business-to-bus...
Affiliate
Business concerns are affiliates if one concern...

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