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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Current Liabilities
A balance sheet item, which...
Request for Proposal (RFP)
A document outlining a...
Small Disadvantaged Business Concern
A small business concern that...
Affiliated Group
When two or more...
Partnering
A mutually beneficial business-to-bus...
Subsidiary
A company for which a majority of the...
Days Payable
A measure of the average time a...
Normal Gross Margin
The margin that would have been...
Intermediary Organization
Organizations that play a funda...
Contractor Team Arrangement
An arrangement in which...
Contracting
Purchasing, renting, leasing, or...
Primary Activity
The major business activity of...
Companion File
When an applicant has another application filed...
Contract
A mutually binding legal rel..

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