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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Small Business
A business smaller than...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Duplicated Interest
The amount of interest exp...
Principal
the owner(s) of the Applicant Entity that...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Injury Period
The time period during...
Contract
A mutually binding legal rel..
Extraordinary Items
Additional expenses that are...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Partnership
A type of unincorporated business org...
Full and Open Competition
With respect to a contract action...
Trend Analysis
A comparative analysis of...
Best and Final Offer
For negotiated procurements...
Limited Partnership
A business organization with one or...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.