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.
Extraordinary Items
Additional expenses that are...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Phase 1
Process used to determine the...
Operating Leases
are deducted on the company’s...
Joint Venture
In the SBA Mentor-Protégé Program...
Subcontract
A contract between a prime cont...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Small Business
A business smaller than...
Capital Leases
are for the purchase of fixed assets such as...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Companion File
When an applicant has another application filed...
Business Activity
The business (or loss) activity of...
Defense Contractor
Any person who enters into...
Affiliate
Business concerns are affiliates if one concern...
Trend Analysis
A comparative analysis of...

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