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.
Days Payable
A measure of the average time a...
Guarantor
The legal entity and...
B/E (Business EIDL) Loan
A business loan that...
Injury Analysis
Measures the effects of...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
S-Corporation
A form of corporation, allowed by...
Contracting Officer
A person with the authority to...
SCORE
Counselors to America's Small Bus...
Affiliates
Business concerns, organizations, or...
Primary Activity
The major business activity of...
Trend Analysis
A comparative analysis of...
Partnership
A type of unincorporated business org...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Phase 2
Process to be used to determine economic injury for...
Companion File
When an applicant has another application filed...

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