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...
Applicant Entity
The business entity requesting...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Affiliates
Business concerns, organizations, or...
SCORE
Counselors to America's Small Bus...
Lien
A legal claim against an...
Assets
The amount of current assets that is left...
Contractor Team Arrangement
An arrangement in which...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Phase 1
Process used to determine the...
Principal
the owner(s) of the Applicant Entity that...
Income Statement
Shows the entity’s income and...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...

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