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.
Duplicated Interest
The amount of interest exp...
Partnership
A type of unincorporated business org...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Substantial Damage
This means uninsured or otherwise uncompensated...
Electronic Data Interchange
Transmission of information bet...
Income Statement
Shows the entity’s income and...
Contracting Officer
A person with the authority to...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Physical Loans
Funds to repair/replace dis...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Depreciation
A non-cash operating expense that...
Extraordinary Items
Additional expenses that are...
Contractor Team Arrangement
An arrangement in which...
Companion File
When an applicant has another application filed...

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