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.
Mentor
A business, usually large, or...
Best and Final Offer
For negotiated procurements...
Capital Leases
are for the purchase of fixed assets such as...
Principal
the owner(s) of the Applicant Entity that...
Cash Flow Test
Part of the CET that determines if...
Acquisition
The acquiring of supplies or...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
GPM%
The measure of every sales dollar left...
Extraordinary Items
Additional expenses that are...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Injury Period
The time period during...
Subsidiary
A company for which a majority of the...
Corporation (C-corp.)
The most common form of business org...
Lien
A legal claim against an...
Full and Open Competition
With respect to a contract action...

Get the quick rundown on SBA Loans

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