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 Individual
aka who is requesting an SBA loan...
Certificate of Competency
A certificate issued by the Small Bus...
Phase 2
Process to be used to determine economic injury for...
Lien
A legal claim against an...
Certified 8(a) Firm
A firm owned and operated by socially and...
Trend Analysis
A comparative analysis of...
Credit Elsewhere Test (CET)
The test to determine the...
Corporation (C-corp.)
The most common form of business org...
Principal
the owner(s) of the Applicant Entity that...
Assets
The amount of current assets that is left...
Normal Annual Sales
Those sales that would have...
Applicant/Co-Applicant
Business entity and person requesting...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Affiliated Group
When two or more...
Duplicated Interest
The amount of interest exp...

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