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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Depreciation
A non-cash operating expense that...
Comparative Analysis
Is designed to point out significant trends that...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Hardship Waiver
Method used to approve a...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Substantial Damage
This means uninsured or otherwise uncompensated...
Days Payable
A measure of the average time a...
Current Liabilities
A balance sheet item, which...
Normal Gross Margin
The margin that would have been...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Emerging Small Business
A small business concern whose...
Equity
An accounting term used to...
SCORE
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