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.
Cash-basis Accounting
records revenue when cash is...
Equity
An accounting term used to...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Capital Leases
are for the purchase of fixed assets such as...
Contracting
Purchasing, renting, leasing, or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Affiliates
Business concerns, organizations, or...
Full and Open Competition
With respect to a contract action...
Cash Flow Test
Part of the CET that determines if...
Working Capital (WC)
The amount of current assets that...
Duplicated Interest
The amount of interest exp...
Substantial Damage
This means uninsured or otherwise uncompensated...
Small Disadvantaged Business Concern
A small business concern that...

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