Source: SBA.gov

Depreciation

A non-cash operating expense that reduces the value of a tangible asset as a result of wear and tear, age, or obsolescence. Depreciation is recorded in the financial statements of an entity as a reduction in the carrying value of the asset in the balance sheet and as an expense in the income statement.

Updated on

September 9, 2022

Published on

June 20, 2018

SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.

Accrual Basis Accounting

recognizes revenues when earned and expenses are...

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B/E (Business EIDL) Loan

A business loan that...

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Cash Available to Service Additional Debt (CASAD)

The cash flow determined that...

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Normal Gross Margin

The margin that would have been...

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Cash Flow Test

Part of the CET that determines if...

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SCORE

Counselors to America's Small Bus...

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Equity

An accounting term used to...

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Affiliates

Business concerns, organizations, or...

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Contracting

Purchasing, renting, leasing, or...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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Small Disadvantaged Business Concern

A small business concern that...

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Small Business

A business smaller than...

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Partnering

A mutually beneficial business-to-bus...

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DBA

ex. Blocker & Sons LLC, doing business as Bob's Burgers

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Assets

The amount of current assets that is left...

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