Affiliates

Business concerns, organizations, or individuals that control each other or that are controlled by a third party. Control may include shared management or ownership; common use of facilities, equipment, and employees; or family interest.

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.
Subsidiary
A company for which a majority of the...
Days Receivable
A measure of the average time a...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Business Activity
The business (or loss) activity of...
Extraordinary Items
Additional expenses that are...
Electronic Data Interchange
Transmission of information bet...
Credit Score Test
Part of the home loan CET show a...
Full and Open Competition
With respect to a contract action...
Equity
An accounting term used to...
Contracting Officer
A person with the authority to...
Negotiation
Contracting through the use of...
Subcontract
A contract between a prime cont...
Phase 2
Process to be used to determine economic injury for...
B/E (Business EIDL) Loan
A business loan that...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...

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