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.
Extraordinary Items
Additional expenses that are...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Contracting Officer
A person with the authority to...
Limited Partnership
A business organization with one or...
Depreciation
A non-cash operating expense that...
Days Receivable
A measure of the average time a...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Credit Score Test
Part of the home loan CET show a...
SCORE
Counselors to America's Small Bus...
GPM%
The measure of every sales dollar left...
Comparative Analysis
Is designed to point out significant trends that...
Negotiation
Contracting through the use of...
Applicant/Co-Applicant
Business entity and person requesting...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Affiliates
Business concerns, organizations, or...

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