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.
Contracting Officer
A person with the authority to...
Contractor Team Arrangement
An arrangement in which...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
B/E (Business EIDL) Loan
A business loan that...
Trend Analysis
A comparative analysis of...
NAICS
NAICS codes are common...
Acquisition
The acquiring of supplies or...
Cash-basis Accounting
records revenue when cash is...
Hardship Waiver
Method used to approve a...
Liabilities
A financial obligation...
Business Activity
The business (or loss) activity of...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Days Payable
A measure of the average time a...
Fair and Reasonable Price
A price that is fair to both parties...
Subsidiary
A company for which a majority of the...

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