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.
Injury Period
The time period during...
Substantial Damage
This means uninsured or otherwise uncompensated...
Duplicated Interest
The amount of interest exp...
Injury Analysis
Measures the effects of...
Contracting Officer
A person with the authority to...
Request for Proposal (RFP)
A document outlining a...
Intermediary Organization
Organizations that play a funda...
Income Statement
Shows the entity’s income and...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Contracting
Purchasing, renting, leasing, or...
Equity
An accounting term used to...
Applicant Individual
aka who is requesting an SBA loan...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Contract
A mutually binding legal rel..
Amortization
A non-cash operating expense that...

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