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.
Capital Leases
are for the purchase of fixed assets such as...
Contract
A mutually binding legal rel..
Acquisition
The acquiring of supplies or...
B/E (Business EIDL) Loan
A business loan that...
Affiliated Group
When two or more...
Current Liabilities
A balance sheet item, which...
Days Receivable
A measure of the average time a...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
S-Corporation
A form of corporation, allowed by...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Liabilities
A financial obligation...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Equity
An accounting term used to...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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