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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Protégé
A firm in a developmental stage that...
Best and Final Offer
For negotiated procurements...
S-Corporation
A form of corporation, allowed by...
Cash-basis Accounting
records revenue when cash is...
Injury Analysis
Measures the effects of...
Depreciation
A non-cash operating expense that...
Duplicated Interest
The amount of interest exp...
Affiliate
Business concerns are affiliates if one concern...
Liabilities
A financial obligation...
Phase 1
Process used to determine the...
Trend Analysis
A comparative analysis of...
Physical Loans
Funds to repair/replace dis...
Hardship Waiver
Method used to approve a...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...

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