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.
Affiliate
Business concerns are affiliates if one concern...
Applicant Individual
aka who is requesting an SBA loan...
Extraordinary Items
Additional expenses that are...
Equity
An accounting term used to...
Days Payable
A measure of the average time a...
Electronic Data Interchange
Transmission of information bet...
Full and Open Competition
With respect to a contract action...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Primary Activity
The major business activity of...
Days Receivable
A measure of the average time a...
Applicant/Co-Applicant
Business entity and person requesting...
Phase 2
Process to be used to determine economic injury for...
Physical Loans
Funds to repair/replace dis...
Negotiation
Contracting through the use of...
Business Activity
The business (or loss) activity of...

Get the quick rundown on SBA Loans

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