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.
Break-even Analysis
A calculation of the approximate sales...
Affiliate
Business concerns are affiliates if one concern...
Primary Activity
The major business activity of...
Projection
An estimate of future economic or...
Liabilities
A financial obligation...
Emerging Small Business
A small business concern whose...
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Contractor
Any person who enters into...
Collateral
Assets pledged by a borrower to secure a loan...
Certificate of Competency
A certificate issued by the Small Bus...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Duplicated Interest
The amount of interest exp...
Intermediary Organization
Organizations that play a funda...
Subsidiary
A company for which a majority of the...
Applicant Entity
The business entity requesting...

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