Protégé

A firm in a developmental stage that aspires to increasing its capabilities through a mutually beneficial business-to-business relationship.

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.
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Depreciation
A non-cash operating expense that...
Days Receivable
A measure of the average time a...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Duplicated Interest
The amount of interest exp...
Partnering
A mutually beneficial business-to-bus...
Certified 8(a) Firm
A firm owned and operated by socially and...
Full and Open Competition
With respect to a contract action...
Best and Final Offer
For negotiated procurements...
Corporation (C-corp.)
The most common form of business org...
Electronic Data Interchange
Transmission of information bet...
Capital Leases
are for the purchase of fixed assets such as...
Operating Leases
are deducted on the company’s...
Sole Proprietor
an individual who...
Request for Proposal (RFP)
A document outlining a...

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