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.
Protégé
A firm in a developmental stage that...
Trend Analysis
A comparative analysis of...
S-Corporation
A form of corporation, allowed by...
Sole Proprietor
an individual who...
Current Assets
A balance sheet item which equals...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Applicant Individual
aka who is requesting an SBA loan...
Contractor Team Arrangement
An arrangement in which...
Operating Leases
are deducted on the company’s...
Normal Annual Sales
Those sales that would have...
Equity
An accounting term used to...
Defense Contractor
Any person who enters into...
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Business
A business smaller than...
Small Disadvantaged Business Concern
A small business concern that...

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