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.
Request for Proposal (RFP)
A document outlining a...
Cash Flow Test
Part of the CET that determines if...
Break-even Analysis
A calculation of the approximate sales...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Affiliated Group
When two or more...
Business Activity
The business (or loss) activity of...
Mentor
A business, usually large, or...
Assets
The amount of current assets that is left...
Projection
An estimate of future economic or...
Contracting Officer
A person with the authority to...
Hardship Waiver
Method used to approve a...
Extraordinary Items
Additional expenses that are...
Current Liabilities
A balance sheet item, which...
Contractor Team Arrangement
An arrangement in which...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...

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