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.
Income Statement
Shows the entity’s income and...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Applicant Individual
aka who is requesting an SBA loan...
Joint Venture
In the SBA Mentor-Protégé Program...
Current Liabilities
A balance sheet item, which...
Credit Score Test
Part of the home loan CET show a...
Acquisition
The acquiring of supplies or...
S-Corporation
A form of corporation, allowed by...
Request for Proposal (RFP)
A document outlining a...
Primary Activity
The major business activity of...
Small Business
A business smaller than...
GPM%
The measure of every sales dollar left...
Corporation (C-corp.)
The most common form of business org...
Days Payable
A measure of the average time a...
SCORE
Counselors to America's Small Bus...

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