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.
Injury Period
The time period during...
Principal
the owner(s) of the Applicant Entity that...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Extraordinary Items
Additional expenses that are...
Substantial Damage
This means uninsured or otherwise uncompensated...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Hardship Waiver
Method used to approve a...
Intermediary Organization
Organizations that play a funda...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Trend Analysis
A comparative analysis of...
Income Statement
Shows the entity’s income and...
Break-even Analysis
A calculation of the approximate sales...
Subcontract
A contract between a prime cont...
Current Liabilities
A balance sheet item, which...
Emerging Small Business
A small business concern whose...

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