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.
Applicant Entity
The business entity requesting...
Electronic Data Interchange
Transmission of information bet...
Equity
An accounting term used to...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Break-even Analysis
A calculation of the approximate sales...
Operating Leases
are deducted on the company’s...
Small Business
A business smaller than...
Joint Venture
In the SBA Mentor-Protégé Program...
Amortization
A non-cash operating expense that...
Full and Open Competition
With respect to a contract action...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Injury Analysis
Measures the effects of...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
B/E (Business EIDL) Loan
A business loan that...
Current Assets
A balance sheet item which equals...

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