Subcontract

A contract between a prime contractor and a subcontractor to furnish supplies or services for the performance of a prime contract or subcontract.

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.
Amortization
A non-cash operating expense that...
Current Assets
A balance sheet item which equals...
Operating Leases
are deducted on the company’s...
Corporation (C-corp.)
The most common form of business org...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Intermediary Organization
Organizations that play a funda...
Request for Proposal (RFP)
A document outlining a...
Defense Contractor
Any person who enters into...
Partnership
A type of unincorporated business org...
Injury Analysis
Measures the effects of...
Guarantor
The legal entity and...
Affiliate
Business concerns are affiliates if one concern...
Trend Analysis
A comparative analysis of...
Limited Partnership
A business organization with one or...

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