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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Equity
An accounting term used to...
SCORE
Counselors to America's Small Bus...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Affiliated Group
When two or more...
Injury Period
The time period during...
Normal Annual Sales
Those sales that would have...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Assets
The amount of current assets that is left...
Cash-basis Accounting
records revenue when cash is...
Subsidiary
A company for which a majority of the...
Collateral
Assets pledged by a borrower to secure a loan...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...

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