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.
Contractor Team Arrangement
An arrangement in which...
Limited Partnership
A business organization with one or...
Contracting
Purchasing, renting, leasing, or...
Electronic Data Interchange
Transmission of information bet...
Duplicated Interest
The amount of interest exp...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Protégé
A firm in a developmental stage that...
Subcontract
A contract between a prime cont...
Small Disadvantaged Business Concern
A small business concern that...
Hardship Waiver
Method used to approve a...
Acquisition
The acquiring of supplies or...
NAICS
NAICS codes are common...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Phase 1
Process used to determine the...

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