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.
Normal Gross Margin
The margin that would have been...
Equity
An accounting term used to...
Injury Analysis
Measures the effects of...
Corporation (C-corp.)
The most common form of business org...
Intermediary Organization
Organizations that play a funda...
Emerging Small Business
A small business concern whose...
Small Disadvantaged Business Concern
A small business concern that...
Defense Contractor
Any person who enters into...
Business Activity
The business (or loss) activity of...
Duplicated Interest
The amount of interest exp...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Substantial Damage
This means uninsured or otherwise uncompensated...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Primary Activity
The major business activity of...
Electronic Data Interchange
Transmission of information bet...

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