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.
S-Corporation
A form of corporation, allowed by...
Applicant/Co-Applicant
Business entity and person requesting...
Limited Partnership
A business organization with one or...
Assets
The amount of current assets that is left...
Liabilities
A financial obligation...
Business Activity
The business (or loss) activity of...
Comparative Analysis
Is designed to point out significant trends that...
Certificate of Competency
A certificate issued by the Small Bus...
Defense Contractor
Any person who enters into...
Intermediary Organization
Organizations that play a funda...
Adjusted Net Worth
Post disaster fair market value of tangible...
Amortization
A non-cash operating expense that...
Current Assets
A balance sheet item which equals...
Protégé
A firm in a developmental stage that...
Prime Contract
A contract awarded directly...

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