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.
Applicant/Co-Applicant
Business entity and person requesting...
Adjusted Net Worth
Post disaster fair market value of tangible...
Full and Open Competition
With respect to a contract action...
GPM%
The measure of every sales dollar left...
Best and Final Offer
For negotiated procurements...
Small Disadvantaged Business Concern
A small business concern that...
Credit Elsewhere Test (CET)
The test to determine the...
Assets
The amount of current assets that is left...
Prime Contract
A contract awarded directly...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Current Liabilities
A balance sheet item, which...
Subcontract
A contract between a prime cont...
Acquisition
The acquiring of supplies or...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Trend Analysis
A comparative analysis of...

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