Negotiation

Contracting through the use of either competitive or other-than-competitive proposals and discussions. Any contract awarded without using sealed bidding procedures is a negotiated 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.
Normal Gross Margin
The margin that would have been...
Income Statement
Shows the entity’s income and...
Emerging Small Business
A small business concern whose...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Current Assets
A balance sheet item which equals...
Liabilities
A financial obligation...
Assets
The amount of current assets that is left...
Injury Analysis
Measures the effects of...
Substantial Damage
This means uninsured or otherwise uncompensated...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Partnering
A mutually beneficial business-to-bus...
Principal
the owner(s) of the Applicant Entity that...
Guarantor
The legal entity and...
Sole Proprietor
an individual who...
Certificate of Competency
A certificate issued by the Small Bus...

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