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.
Injury Analysis
Measures the effects of...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Phase 1
Process used to determine the...
Current Liabilities
A balance sheet item, which...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Fair and Reasonable Price
A price that is fair to both parties...
Companion File
When an applicant has another application filed...
Negotiation
Contracting through the use of...
Equity
An accounting term used to...
Defense Contractor
Any person who enters into...
Depreciation
A non-cash operating expense that...
Applicant Individual
aka who is requesting an SBA loan...
Phase 2
Process to be used to determine economic injury for...
Contract
A mutually binding legal rel..
Comparative Analysis
Is designed to point out significant trends that...

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