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.
Injury Period
The time period during...
Cash Flow Test
Part of the CET that determines if...
Negotiation
Contracting through the use of...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Collateral
Assets pledged by a borrower to secure a loan...
Defense Contractor
Any person who enters into...
Phase 2
Process to be used to determine economic injury for...
Current Assets
A balance sheet item which equals...
Protégé
A firm in a developmental stage that...
Electronic Data Interchange
Transmission of information bet...
Contract
A mutually binding legal rel..
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Working Capital (WC)
The amount of current assets that...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...

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