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...
Contractor Team Arrangement
An arrangement in which...
Working Capital (WC)
The amount of current assets that...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Cash-basis Accounting
records revenue when cash is...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Corporation (C-corp.)
The most common form of business org...
Intermediary Organization
Organizations that play a funda...
Guarantor
The legal entity and...
Negotiation
Contracting through the use of...
Cash Flow Test
Part of the CET that determines if...
Collateral
Assets pledged by a borrower to secure a loan...
Standard Industrial Classification (SIC) Code
A code representing a category within...
NAICS
NAICS codes are common...
B/E (Business EIDL) Loan
A business loan that...

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