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.
Prime Contract
A contract awarded directly...
Trend Analysis
A comparative analysis of...
Normal Gross Margin
The margin that would have been...
Partnering
A mutually beneficial business-to-bus...
Days Receivable
A measure of the average time a...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Current Liabilities
A balance sheet item, which...
Current Assets
A balance sheet item which equals...
Liabilities
A financial obligation...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Subsidiary
A company for which a majority of the...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Small Disadvantaged Business Concern
A small business concern that...

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