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.
Sole Proprietor
an individual who...
Break-even Analysis
A calculation of the approximate sales...
Applicant Entity
The business entity requesting...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Applicant Individual
aka who is requesting an SBA loan...
Projection
An estimate of future economic or...
Request for Proposal (RFP)
A document outlining a...
Income Statement
Shows the entity’s income and...
Cash-basis Accounting
records revenue when cash is...
Certified 8(a) Firm
A firm owned and operated by socially and...
Depreciation
A non-cash operating expense that...
Injury Analysis
Measures the effects of...
Lien
A legal claim against an...
Business Activity
The business (or loss) activity of...
Mentor
A business, usually large, or...

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