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.
Projection
An estimate of future economic or...
Negotiation
Contracting through the use of...
Applicant Entity
The business entity requesting...
Defense Contractor
Any person who enters into...
Applicant/Co-Applicant
Business entity and person requesting...
Full and Open Competition
With respect to a contract action...
Partnership
A type of unincorporated business org...
Amortization
A non-cash operating expense that...
B/E (Business EIDL) Loan
A business loan that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Cash Flow Test
Part of the CET that determines if...
Protégé
A firm in a developmental stage that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Sole Proprietor
an individual who...
Intermediary Organization
Organizations that play a funda...

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