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.
Subsidiary
A company for which a majority of the...
Primary Activity
The major business activity of...
Assets
The amount of current assets that is left...
Liabilities
A financial obligation...
NAICS
NAICS codes are common...
Credit Score Test
Part of the home loan CET show a...
Principal
the owner(s) of the Applicant Entity that...
Current Liabilities
A balance sheet item, which...
Days Payable
A measure of the average time a...
Break-even Analysis
A calculation of the approximate sales...
Companion File
When an applicant has another application filed...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Lien
A legal claim against an...
Request for Proposal (RFP)
A document outlining a...
Subcontract
A contract between a prime cont...

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