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.
Contracting Officer
A person with the authority to...
Small Disadvantaged Business Concern
A small business concern that...
Sole Proprietor
an individual who...
GPM%
The measure of every sales dollar left...
Amortization
A non-cash operating expense that...
Trend Analysis
A comparative analysis of...
Defense Contractor
Any person who enters into...
Lien
A legal claim against an...
Normal Gross Margin
The margin that would have been...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Contracting
Purchasing, renting, leasing, or...
Partnering
A mutually beneficial business-to-bus...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Subcontract
A contract between a prime cont...

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