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.
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Companion File
When an applicant has another application filed...
Physical Loans
Funds to repair/replace dis...
Request for Proposal (RFP)
A document outlining a...
Depreciation
A non-cash operating expense that...
Contract
A mutually binding legal rel..
Cash-basis Accounting
records revenue when cash is...
Injury Period
The time period during...
Applicant Individual
aka who is requesting an SBA loan...
Normal Annual Sales
Those sales that would have...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Certified 8(a) Firm
A firm owned and operated by socially and...
Operating Leases
are deducted on the company’s...
Electronic Data Interchange
Transmission of information bet...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.