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.
Affiliates
Business concerns, organizations, or...
Contractor Team Arrangement
An arrangement in which...
Corporation (C-corp.)
The most common form of business org...
Substantial Damage
This means uninsured or otherwise uncompensated...
Joint Venture
In the SBA Mentor-Protégé Program...
Working Capital (WC)
The amount of current assets that...
Contract
A mutually binding legal rel..
Best and Final Offer
For negotiated procurements...
Fair and Reasonable Price
A price that is fair to both parties...
Extraordinary Items
Additional expenses that are...
Days Receivable
A measure of the average time a...
Assets
The amount of current assets that is left...
Depreciation
A non-cash operating expense that...
Duplicated Interest
The amount of interest exp...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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