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.
Emerging Small Business
A small business concern whose...
Trend Analysis
A comparative analysis of...
Small Business
A business smaller than...
Limited Partnership
A business organization with one or...
Certificate of Competency
A certificate issued by the Small Bus...
Best and Final Offer
For negotiated procurements...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Break-even Analysis
A calculation of the approximate sales...
Days Payable
A measure of the average time a...
Principal
the owner(s) of the Applicant Entity that...
Partnering
A mutually beneficial business-to-bus...
Business Activity
The business (or loss) activity of...
Contractor Team Arrangement
An arrangement in which...

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