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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Mentor
A business, usually large, or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Lien
A legal claim against an...
Negotiation
Contracting through the use of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Amortization
A non-cash operating expense that...
Normal Gross Margin
The margin that would have been...
Defense Contractor
Any person who enters into...
Acquisition
The acquiring of supplies or...
Small Disadvantaged Business Concern
A small business concern that...
Trend Analysis
A comparative analysis of...
Request for Proposal (RFP)
A document outlining a...
Joint Venture
In the SBA Mentor-Protégé Program...
Days Payable
A measure of the average time a...

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