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.
Applicant Entity
The business entity requesting...
Collateral
Assets pledged by a borrower to secure a loan...
Adjusted Net Worth
Post disaster fair market value of tangible...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Small Business
A business smaller than...
Contractor Team Arrangement
An arrangement in which...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Protégé
A firm in a developmental stage that...
Amortization
A non-cash operating expense that...
Contract
A mutually binding legal rel..
Full and Open Competition
With respect to a contract action...
Injury Analysis
Measures the effects of...
Days Receivable
A measure of the average time a...
Affiliate
Business concerns are affiliates if one concern...
Duplicated Interest
The amount of interest exp...

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