Joint Venture

In the SBA Mentor-Protégé Program, an agreement between a certified 8(a) firm and a mentor firm to perform a specific federal contract.

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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Capital Leases
are for the purchase of fixed assets such as...
Lien
A legal claim against an...
Trend Analysis
A comparative analysis of...
Current Liabilities
A balance sheet item, which...
Subcontract
A contract between a prime cont...
Amortization
A non-cash operating expense that...
Comparative Analysis
Is designed to point out significant trends that...
Liabilities
A financial obligation...
Business Activity
The business (or loss) activity of...
Sole Proprietor
an individual who...
Protégé
A firm in a developmental stage that...
Income Statement
Shows the entity’s income and...
Electronic Data Interchange
Transmission of information bet...
Working Capital (WC)
The amount of current assets that...

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