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.
Primary Activity
The major business activity of...
Contract
A mutually binding legal rel..
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Emerging Small Business
A small business concern whose...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Limited Partnership
A business organization with one or...
Corporation (C-corp.)
The most common form of business org...
Protégé
A firm in a developmental stage that...
Prime Contract
A contract awarded directly...
Phase 2
Process to be used to determine economic injury for...
Mentor
A business, usually large, or...
SCORE
Counselors to America's Small Bus...
Credit Elsewhere Test (CET)
The test to determine the...
Request for Proposal (RFP)
A document outlining a...
Injury Period
The time period during...

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