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.
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
B/E (Business EIDL) Loan
A business loan that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Cash Flow Test
Part of the CET that determines if...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Income Statement
Shows the entity’s income and...
Negotiation
Contracting through the use of...
Small Business
A business smaller than...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
NAICS
NAICS codes are common...
Equity
An accounting term used to...
Projection
An estimate of future economic or...
Emerging Small Business
A small business concern whose...
Duplicated Interest
The amount of interest exp...
Applicant/Co-Applicant
Business entity and person requesting...

Get the quick rundown on SBA Loans

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