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.
GPM%
The measure of every sales dollar left...
Protégé
A firm in a developmental stage that...
Limited Partnership
A business organization with one or...
Applicant/Co-Applicant
Business entity and person requesting...
Capital Leases
are for the purchase of fixed assets such as...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Operating Leases
are deducted on the company’s...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
NAICS
NAICS codes are common...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Income Statement
Shows the entity’s income and...
Contracting Officer
A person with the authority to...
Affiliate
Business concerns are affiliates if one concern...

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