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.
Partnering
A mutually beneficial business-to-bus...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Intermediary Organization
Organizations that play a funda...
Partnership
A type of unincorporated business org...
Credit Elsewhere Test (CET)
The test to determine the...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Applicant/Co-Applicant
Business entity and person requesting...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Corporation (C-corp.)
The most common form of business org...
Small Disadvantaged Business Concern
A small business concern that...
SCORE
Counselors to America's Small Bus...
Income Statement
Shows the entity’s income and...
Capital Leases
are for the purchase of fixed assets such as...
Contracting Officer
A person with the authority to...
Contracting
Purchasing, renting, leasing, or...

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