Current Assets

A balance sheet item which equals the sum of cash and cash equivalents, accounts receivable , inventory, marketable securities, prepaid expenses, and other assets that could be converted to cash in less than one year.

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.
NAICS
NAICS codes are common...
Capital Leases
are for the purchase of fixed assets such as...
Guarantor
The legal entity and...
Days Receivable
A measure of the average time a...
SCORE
Counselors to America's Small Bus...
Trend Analysis
A comparative analysis of...
Operating Leases
are deducted on the company’s...
Protégé
A firm in a developmental stage that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Best and Final Offer
For negotiated procurements...
Phase 2
Process to be used to determine economic injury for...
Limited Partnership
A business organization with one or...
Corporation (C-corp.)
The most common form of business org...
Contracting Officer
A person with the authority to...
Business Activity
The business (or loss) activity of...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.