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.
Normal Gross Margin
The margin that would have been...
Capital Leases
are for the purchase of fixed assets such as...
Partnering
A mutually beneficial business-to-bus...
Affiliated Group
When two or more...
GPM%
The measure of every sales dollar left...
Injury Analysis
Measures the effects of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Contracting Officer
A person with the authority to...
Amortization
A non-cash operating expense that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Depreciation
A non-cash operating expense that...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Full and Open Competition
With respect to a contract action...
Credit Score Test
Part of the home loan CET show a...
Equity
An accounting term used to...

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