Glossary
SBA Terms

Capital Leases

are for the purchase of fixed assets (machinery/equipment) and these assets are shown on the company’s balance sheet and represent a fixed debt. If the lease is a capital lease, the debt should be shown as a Note Payable.

Updated on
September 9, 2022
Published on
June 20, 2018
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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Hardship Waiver
Method used to approve a...
Joint Venture
In the SBA Mentor-Protégé Program...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Contracting
Purchasing, renting, leasing, or...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Best and Final Offer
For negotiated procurements...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
S-Corporation
A form of corporation, allowed by...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Subsidiary
A company for which a majority of the...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Amortization
A non-cash operating expense that...
SCORE
Counselors to America's Small Bus...

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