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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Days Receivable
A measure of the average time a...
Acquisition
The acquiring of supplies or...
Liabilities
A financial obligation...
Cash-basis Accounting
records revenue when cash is...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Hardship Waiver
Method used to approve a...
Business Activity
The business (or loss) activity of...
Electronic Data Interchange
Transmission of information bet...
Capital Leases
are for the purchase of fixed assets such as...
Principal
the owner(s) of the Applicant Entity that...
Credit Score Test
Part of the home loan CET show a...
Injury Analysis
Measures the effects of...

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