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
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.
Guarantor
The legal entity and...
Lien
A legal claim against an...
Corporation (C-corp.)
The most common form of business org...
Business Activity
The business (or loss) activity of...
Adjusted Net Worth
Post disaster fair market value of tangible...
Subsidiary
A company for which a majority of the...
Current Liabilities
A balance sheet item, which...
Physical Loans
Funds to repair/replace dis...
GPM%
The measure of every sales dollar left...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
SCORE
Counselors to America's Small Bus...
Break-even Analysis
A calculation of the approximate sales...
Injury Analysis
Measures the effects of...
Phase 1
Process used to determine the...

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