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.
Negotiation
Contracting through the use of...
Extraordinary Items
Additional expenses that are...
Income Statement
Shows the entity’s income and...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Working Capital (WC)
The amount of current assets that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Days Receivable
A measure of the average time a...
Assets
The amount of current assets that is left...
Best and Final Offer
For negotiated procurements...
Acquisition
The acquiring of supplies or...
Depreciation
A non-cash operating expense that...
Request for Proposal (RFP)
A document outlining a...
Trend Analysis
A comparative analysis of...
Break-even Analysis
A calculation of the approximate sales...
Subsidiary
A company for which a majority of the...

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