Affiliate

Business concerns are affiliates if one concern controls or has the power to control another, or if a third party controls or has the power to control both. Generally, an affiliate may be any concern of which the applicant, or its principals, owns greater than 50 percent or more.

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.
Fair and Reasonable Price
A price that is fair to both parties...
Primary Activity
The major business activity of...
Applicant Entity
The business entity requesting...
Normal Gross Margin
The margin that would have been...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Negotiation
Contracting through the use of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Affiliates
Business concerns, organizations, or...
Break-even Analysis
A calculation of the approximate sales...
Emerging Small Business
A small business concern whose...
Days Payable
A measure of the average time a...
Equity
An accounting term used to...
Partnership
A type of unincorporated business org...
Duplicated Interest
The amount of interest exp...
Cash-basis Accounting
records revenue when cash is...

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