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.
Contracting
Purchasing, renting, leasing, or...
Physical Loans
Funds to repair/replace dis...
GPM%
The measure of every sales dollar left...
Current Liabilities
A balance sheet item, which...
Adjusted Net Worth
Post disaster fair market value of tangible...
Trend Analysis
A comparative analysis of...
Certificate of Competency
A certificate issued by the Small Bus...
Negotiation
Contracting through the use of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Mentor
A business, usually large, or...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Certified 8(a) Firm
A firm owned and operated by socially and...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Extraordinary Items
Additional expenses that are...
Joint Venture
In the SBA Mentor-Protégé Program...

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