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.
Depreciation
A non-cash operating expense that...
Request for Proposal (RFP)
A document outlining a...
Break-even Analysis
A calculation of the approximate sales...
Acquisition
The acquiring of supplies or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Amortization
A non-cash operating expense that...
Physical Loans
Funds to repair/replace dis...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Subsidiary
A company for which a majority of the...
Partnership
A type of unincorporated business org...
Defense Contractor
Any person who enters into...
GPM%
The measure of every sales dollar left...
Emerging Small Business
A small business concern whose...
Certificate of Competency
A certificate issued by the Small Bus...
Prime Contract
A contract awarded directly...

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