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.
Intermediary Organization
Organizations that play a funda...
Affiliates
Business concerns, organizations, or...
Electronic Data Interchange
Transmission of information bet...
Hardship Waiver
Method used to approve a...
Current Liabilities
A balance sheet item, which...
Lien
A legal claim against an...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Certified 8(a) Firm
A firm owned and operated by socially and...
Affiliated Group
When two or more...
Companion File
When an applicant has another application filed...
Affiliate
Business concerns are affiliates if one concern...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Applicant/Co-Applicant
Business entity and person requesting...
Days Payable
A measure of the average time a...

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