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.
Full and Open Competition
With respect to a contract action...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
SCORE
Counselors to America's Small Bus...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Applicant Entity
The business entity requesting...
Current Liabilities
A balance sheet item, which...
Partnering
A mutually beneficial business-to-bus...
Operating Leases
are deducted on the company’s...
Defense Contractor
Any person who enters into...
Acquisition
The acquiring of supplies or...
Credit Score Test
Part of the home loan CET show a...
Best and Final Offer
For negotiated procurements...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Intermediary Organization
Organizations that play a funda...

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