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.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Credit Score Test
Part of the home loan CET show a...
Subsidiary
A company for which a majority of the...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Phase 1
Process used to determine the...
Injury Analysis
Measures the effects of...
Days Payable
A measure of the average time a...
Request for Proposal (RFP)
A document outlining a...
Electronic Data Interchange
Transmission of information bet...
Applicant Individual
aka who is requesting an SBA loan...
Physical Loans
Funds to repair/replace dis...
Projection
An estimate of future economic or...
Mentor
A business, usually large, or...
Capital Leases
are for the purchase of fixed assets such as...
Primary Activity
The major business activity of...

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