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.
Certified 8(a) Firm
A firm owned and operated by socially and...
Normal Annual Sales
Those sales that would have...
Normal Gross Margin
The margin that would have been...
SCORE
Counselors to America's Small Bus...
B/E (Business EIDL) Loan
A business loan that...
GPM%
The measure of every sales dollar left...
Best and Final Offer
For negotiated procurements...
Days Payable
A measure of the average time a...
Contracting
Purchasing, renting, leasing, or...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Phase 2
Process to be used to determine economic injury for...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
NAICS
NAICS codes are common...
Phase 1
Process used to determine the...

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