Operating Leases

are deducted on the company’s operating expenses. If the lease is an operating lease, then the amount is already accounted for in total expenses and should not be shown as a scheduled debt.

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.
Phase 2
Process to be used to determine economic injury for...
Prime Contract
A contract awarded directly...
SCORE
Counselors to America's Small Bus...
Applicant/Co-Applicant
Business entity and person requesting...
Joint Venture
In the SBA Mentor-Protégé Program...
Normal Annual Sales
Those sales that would have...
Lien
A legal claim against an...
Emerging Small Business
A small business concern whose...
Electronic Data Interchange
Transmission of information bet...
GPM%
The measure of every sales dollar left...
Extraordinary Items
Additional expenses that are...
Small Disadvantaged Business Concern
A small business concern that...
Affiliate
Business concerns are affiliates if one concern...
Applicant Entity
The business entity requesting...
Physical Loans
Funds to repair/replace dis...

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