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.
Comparative Analysis
Is designed to point out significant trends that...
Companion File
When an applicant has another application filed...
Depreciation
A non-cash operating expense that...
Contract
A mutually binding legal rel..
Normal Annual Sales
Those sales that would have...
Affiliate
Business concerns are affiliates if one concern...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Defense Contractor
Any person who enters into...
Break-even Analysis
A calculation of the approximate sales...
Prime Contract
A contract awarded directly...
Phase 1
Process used to determine the...
Amortization
A non-cash operating expense that...
Credit Elsewhere Test (CET)
The test to determine the...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Partnering
A mutually beneficial business-to-bus...

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