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.
Trend Analysis
A comparative analysis of...
Applicant/Co-Applicant
Business entity and person requesting...
Contractor Team Arrangement
An arrangement in which...
Operating Leases
are deducted on the company’s...
GPM%
The measure of every sales dollar left...
Principal
the owner(s) of the Applicant Entity that...
Guarantor
The legal entity and...
Protégé
A firm in a developmental stage that...
Emerging Small Business
A small business concern whose...
Negotiation
Contracting through the use of...
Depreciation
A non-cash operating expense that...
Electronic Data Interchange
Transmission of information bet...
NAICS
NAICS codes are common...
Duplicated Interest
The amount of interest exp...
Days Payable
A measure of the average time a...

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