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.
Corporation (C-corp.)
The most common form of business org...
Small Disadvantaged Business Concern
A small business concern that...
Guarantor
The legal entity and...
Sole Proprietor
an individual who...
B/E (Business EIDL) Loan
A business loan that...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Applicant Individual
aka who is requesting an SBA loan...
Collateral
Assets pledged by a borrower to secure a loan...
Days Receivable
A measure of the average time a...
Protégé
A firm in a developmental stage that...
Business Activity
The business (or loss) activity of...
Current Liabilities
A balance sheet item, which...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Subcontract
A contract between a prime cont...

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