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.
SCORE
Counselors to America's Small Bus...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Injury Analysis
Measures the effects of...
Trend Analysis
A comparative analysis of...
NAICS
NAICS codes are common...
Subcontract
A contract between a prime cont...
Days Receivable
A measure of the average time a...
Affiliate
Business concerns are affiliates if one concern...
Phase 2
Process to be used to determine economic injury for...
Corporation (C-corp.)
The most common form of business org...
Normal Annual Sales
Those sales that would have...
Amortization
A non-cash operating expense that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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