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.
Primary Activity
The major business activity of...
Joint Venture
In the SBA Mentor-Protégé Program...
Amortization
A non-cash operating expense that...
Negotiation
Contracting through the use of...
Equity
An accounting term used to...
Partnering
A mutually beneficial business-to-bus...
Extraordinary Items
Additional expenses that are...
Collateral
Assets pledged by a borrower to secure a loan...
Mentor
A business, usually large, or...
Affiliates
Business concerns, organizations, or...
Phase 1
Process used to determine the...
Injury Period
The time period during...
S-Corporation
A form of corporation, allowed by...
Limited Partnership
A business organization with one or...
Adjusted Net Worth
Post disaster fair market value of tangible...

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