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.
Capital Leases
are for the purchase of fixed assets such as...
Trend Analysis
A comparative analysis of...
Operating Leases
are deducted on the company’s...
Fair and Reasonable Price
A price that is fair to both parties...
Break-even Analysis
A calculation of the approximate sales...
Applicant Individual
aka who is requesting an SBA loan...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Applicant/Co-Applicant
Business entity and person requesting...
Prime Contract
A contract awarded directly...
Income Statement
Shows the entity’s income and...
Projection
An estimate of future economic or...
Comparative Analysis
Is designed to point out significant trends that...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Negotiation
Contracting through the use of...

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