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.
Subcontract
A contract between a prime cont...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Request for Proposal (RFP)
A document outlining a...
Applicant Entity
The business entity requesting...
Lien
A legal claim against an...
Mentor
A business, usually large, or...
Capital Leases
are for the purchase of fixed assets such as...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Partnering
A mutually beneficial business-to-bus...
S-Corporation
A form of corporation, allowed by...
Working Capital (WC)
The amount of current assets that...
Current Assets
A balance sheet item which equals...
Partnership
A type of unincorporated business org...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

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