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...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Prime Contract
A contract awarded directly...
Lien
A legal claim against an...
Liabilities
A financial obligation...
Depreciation
A non-cash operating expense that...
Applicant Entity
The business entity requesting...
Equity
An accounting term used to...
Contracting
Purchasing, renting, leasing, or...
Electronic Data Interchange
Transmission of information bet...
Affiliated Group
When two or more...
Applicant/Co-Applicant
Business entity and person requesting...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Partnership
A type of unincorporated business org...

Get the quick rundown on SBA Loans

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