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...
Corporation (C-corp.)
The most common form of business org...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Primary Activity
The major business activity of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Applicant/Co-Applicant
Business entity and person requesting...
Electronic Data Interchange
Transmission of information bet...
Assets
The amount of current assets that is left...
Current Liabilities
A balance sheet item, which...
Lien
A legal claim against an...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Affiliates
Business concerns, organizations, or...
GPM%
The measure of every sales dollar left...
Depreciation
A non-cash operating expense that...
Normal Annual Sales
Those sales that would have...

Get the quick rundown on SBA Loans

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