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.
Applicant Entity
The business entity requesting...
Contractor Team Arrangement
An arrangement in which...
Break-even Analysis
A calculation of the approximate sales...
Phase 2
Process to be used to determine economic injury for...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Lien
A legal claim against an...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Equity
An accounting term used to...
Normal Gross Margin
The margin that would have been...
Applicant Individual
aka who is requesting an SBA loan...
Fair and Reasonable Price
A price that is fair to both parties...
Extraordinary Items
Additional expenses that are...
Credit Score Test
Part of the home loan CET show a...
Adjusted Net Worth
Post disaster fair market value of tangible...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.