Affiliated Group

When two or more distinct legal entities are affiliated.

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.
Contractor Team Arrangement
An arrangement in which...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Certified 8(a) Firm
A firm owned and operated by socially and...
Extraordinary Items
Additional expenses that are...
B/E (Business EIDL) Loan
A business loan that...
Income Statement
Shows the entity’s income and...
Liabilities
A financial obligation...
Lien
A legal claim against an...
Primary Activity
The major business activity of...
Applicant Entity
The business entity requesting...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Contracting
Purchasing, renting, leasing, or...
S-Corporation
A form of corporation, allowed by...
Limited Partnership
A business organization with one or...

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