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.
Contracting Officer
A person with the authority to...
Injury Analysis
Measures the effects of...
Joint Venture
In the SBA Mentor-Protégé Program...
Projection
An estimate of future economic or...
Current Assets
A balance sheet item which equals...
Credit Elsewhere Test (CET)
The test to determine the...
Applicant/Co-Applicant
Business entity and person requesting...
Amortization
A non-cash operating expense that...
Affiliate
Business concerns are affiliates if one concern...
Small Business
A business smaller than...
Extraordinary Items
Additional expenses that are...
Prime Contract
A contract awarded directly...
Break-even Analysis
A calculation of the approximate sales...
Certified 8(a) Firm
A firm owned and operated by socially and...
Subcontract
A contract between a prime cont...

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