Affiliated Group

When two or more distinct legal entities are affiliated.

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.
Full and Open Competition
With respect to a contract action...
SCORE
Counselors to America's Small Bus...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Corporation (C-corp.)
The most common form of business org...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Projection
An estimate of future economic or...
Normal Annual Sales
Those sales that would have...
Certificate of Competency
A certificate issued by the Small Bus...
Principal
the owner(s) of the Applicant Entity that...
B/E (Business EIDL) Loan
A business loan that...
Hardship Waiver
Method used to approve a...
Extraordinary Items
Additional expenses that are...
Affiliate
Business concerns are affiliates if one concern...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.