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.
Sole Proprietor
an individual who...
Full and Open Competition
With respect to a contract action...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Operating Leases
are deducted on the company’s...
Physical Loans
Funds to repair/replace dis...
Credit Score Test
Part of the home loan CET show a...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Contracting Officer
A person with the authority to...
Projection
An estimate of future economic or...
Trend Analysis
A comparative analysis of...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Comparative Analysis
Is designed to point out significant trends that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Guarantor
The legal entity and...
Capital Leases
are for the purchase of fixed assets such as...

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