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.
Small Business
A business smaller than...
Substantial Damage
This means uninsured or otherwise uncompensated...
Best and Final Offer
For negotiated procurements...
Joint Venture
In the SBA Mentor-Protégé Program...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Normal Gross Margin
The margin that would have been...
Emerging Small Business
A small business concern whose...
Partnering
A mutually beneficial business-to-bus...
Cash-basis Accounting
records revenue when cash is...
Hardship Waiver
Method used to approve a...
Comparative Analysis
Is designed to point out significant trends that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Applicant/Co-Applicant
Business entity and person requesting...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...

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