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.
Applicant/Co-Applicant
Business entity and person requesting...
Current Assets
A balance sheet item which equals...
Partnership
A type of unincorporated business org...
Contracting
Purchasing, renting, leasing, or...
Applicant Entity
The business entity requesting...
Sole Proprietor
an individual who...
Contractor Team Arrangement
An arrangement in which...
Fair and Reasonable Price
A price that is fair to both parties...
Duplicated Interest
The amount of interest exp...
Principal
the owner(s) of the Applicant Entity that...
Projection
An estimate of future economic or...
Current Liabilities
A balance sheet item, which...
Days Receivable
A measure of the average time a...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...

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