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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Injury Period
The time period during...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Partnership
A type of unincorporated business org...
Income Statement
Shows the entity’s income and...
Normal Annual Sales
Those sales that would have...
Operating Leases
are deducted on the company’s...
Injury Analysis
Measures the effects of...
Acquisition
The acquiring of supplies or...
Small Business
A business smaller than...
Phase 2
Process to be used to determine economic injury for...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Primary Activity
The major business activity of...

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