Liabilities

A financial obligation, debt, or claim, i.e. notes payable and accounts payable.

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.
Electronic Data Interchange
Transmission of information bet...
Contracting
Purchasing, renting, leasing, or...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Trend Analysis
A comparative analysis of...
Contract
A mutually binding legal rel..
Collateral
Assets pledged by a borrower to secure a loan...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Projection
An estimate of future economic or...
Applicant/Co-Applicant
Business entity and person requesting...
Break-even Analysis
A calculation of the approximate sales...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
NAICS
NAICS codes are common...
Joint Venture
In the SBA Mentor-Protégé Program...
Subsidiary
A company for which a majority of the...

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