Request for Proposal (RFP)

A document outlining a government agency’s requirements and the criteria for the evaluation of offers.

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.
Fair and Reasonable Price
A price that is fair to both parties...
Phase 1
Process used to determine the...
Injury Period
The time period during...
Comparative Analysis
Is designed to point out significant trends that...
Physical Loans
Funds to repair/replace dis...
Joint Venture
In the SBA Mentor-Protégé Program...
Trend Analysis
A comparative analysis of...
Cash Flow Test
Part of the CET that determines if...
Days Receivable
A measure of the average time a...
Assets
The amount of current assets that is left...
Equity
An accounting term used to...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Primary Activity
The major business activity of...
Principal
the owner(s) of the Applicant Entity that...
GPM%
The measure of every sales dollar left...

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