Cash-basis Accounting

records revenue when cash is received, and expenses when they are paid in cash

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.
B/E (Business EIDL) Loan
A business loan that...
Contracting
Purchasing, renting, leasing, or...
Injury Analysis
Measures the effects of...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Joint Venture
In the SBA Mentor-Protégé Program...
Normal Annual Sales
Those sales that would have...
Electronic Data Interchange
Transmission of information bet...
Days Receivable
A measure of the average time a...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Affiliates
Business concerns, organizations, or...
Lien
A legal claim against an...
Prime Contract
A contract awarded directly...
Subsidiary
A company for which a majority of the...
Days Payable
A measure of the average time a...
Liabilities
A financial obligation...

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