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.
Operating Leases
are deducted on the company’s...
Principal
the owner(s) of the Applicant Entity that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Defense Contractor
Any person who enters into...
Partnership
A type of unincorporated business org...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Lien
A legal claim against an...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Corporation (C-corp.)
The most common form of business org...
Small Disadvantaged Business Concern
A small business concern that...
Days Receivable
A measure of the average time a...
Amortization
A non-cash operating expense that...
Cash-basis Accounting
records revenue when cash is...
Companion File
When an applicant has another application filed...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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