Amortization

A non-cash operating expense that reduces the value of intangible assets (such as patents, trademarks or goodwill) in a systematic manner. Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement.

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.
Affiliates
Business concerns, organizations, or...
Fair and Reasonable Price
A price that is fair to both parties...
Joint Venture
In the SBA Mentor-Protégé Program...
Acquisition
The acquiring of supplies or...
Income Statement
Shows the entity’s income and...
B/E (Business EIDL) Loan
A business loan that...
Companion File
When an applicant has another application filed...
Amortization
A non-cash operating expense that...
Working Capital (WC)
The amount of current assets that...
Liabilities
A financial obligation...
Corporation (C-corp.)
The most common form of business org...
Break-even Analysis
A calculation of the approximate sales...
Primary Activity
The major business activity of...
SCORE
Counselors to America's Small Bus...
P&L (Profit and Loss Statement)
also considered as Income Statement or...

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