Equity

An accounting term used to describe the net investment of owners or stockholders in a business. Under the accounting equation, equity also represents the result of assets less liabilities.

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.
Duplicated Interest
The amount of interest exp...
Joint Venture
In the SBA Mentor-Protégé Program...
Current Liabilities
A balance sheet item, which...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Substantial Damage
This means uninsured or otherwise uncompensated...
Protégé
A firm in a developmental stage that...
Full and Open Competition
With respect to a contract action...
Acquisition
The acquiring of supplies or...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Certificate of Competency
A certificate issued by the Small Bus...
Cash-basis Accounting
records revenue when cash is...
Prime Contract
A contract awarded directly...
Affiliate
Business concerns are affiliates if one concern...
Capital Leases
are for the purchase of fixed assets such as...

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