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.
Partnership
A type of unincorporated business org...
Negotiation
Contracting through the use of...
Intermediary Organization
Organizations that play a funda...
Certificate of Competency
A certificate issued by the Small Bus...
Business Activity
The business (or loss) activity of...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Acquisition
The acquiring of supplies or...
Injury Period
The time period during...
Defense Contractor
Any person who enters into...
Cash-basis Accounting
records revenue when cash is...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
GPM%
The measure of every sales dollar left...
Contract
A mutually binding legal rel..
Affiliated Group
When two or more...

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