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.
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Trend Analysis
A comparative analysis of...
Joint Venture
In the SBA Mentor-Protégé Program...
Depreciation
A non-cash operating expense that...
Phase 1
Process used to determine the...
Applicant Entity
The business entity requesting...
Certificate of Competency
A certificate issued by the Small Bus...
Applicant/Co-Applicant
Business entity and person requesting...
Companion File
When an applicant has another application filed...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Lien
A legal claim against an...
Partnering
A mutually beneficial business-to-bus...
Certified 8(a) Firm
A firm owned and operated by socially and...
Partnership
A type of unincorporated business org...
Break-even Analysis
A calculation of the approximate sales...

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