Current Liabilities

A balance sheet item, which equals the sum of all money owed by a company and due within 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.
Comparative Analysis
Is designed to point out significant trends that...
Phase 2
Process to be used to determine economic injury for...
Joint Venture
In the SBA Mentor-Protégé Program...
Subsidiary
A company for which a majority of the...
Extraordinary Items
Additional expenses that are...
Certified 8(a) Firm
A firm owned and operated by socially and...
Contracting
Purchasing, renting, leasing, or...
GPM%
The measure of every sales dollar left...
Duplicated Interest
The amount of interest exp...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
B/E (Business EIDL) Loan
A business loan that...
Negotiation
Contracting through the use of...
Trend Analysis
A comparative analysis of...
Current Assets
A balance sheet item which equals...
Liabilities
A financial obligation...

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