Affiliate

Business concerns are affiliates if one concern controls or has the power to control another, or if a third party controls or has the power to control both. Generally, an affiliate may be any concern of which the applicant, or its principals, owns greater than 50 percent or more.

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.
Primary Activity
The major business activity of...
Mentor
A business, usually large, or...
Request for Proposal (RFP)
A document outlining a...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Contracting Officer
A person with the authority to...
S-Corporation
A form of corporation, allowed by...
Applicant Entity
The business entity requesting...
Days Receivable
A measure of the average time a...
Contract
A mutually binding legal rel..
Comparative Analysis
Is designed to point out significant trends that...
Guarantor
The legal entity and...
Credit Score Test
Part of the home loan CET show a...
Break-even Analysis
A calculation of the approximate sales...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

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