Schedule of Liabilities

A business debt schedule that lists all of the debts the business currently owes, including creditor name; original amount due; original due date; current balance; repayment status; maturity date; payment amount and frequency; and how debt is secured.

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.
Amortization
A non-cash operating expense that...
Request for Proposal (RFP)
A document outlining a...
Protégé
A firm in a developmental stage that...
Contractor Team Arrangement
An arrangement in which...
Trend Analysis
A comparative analysis of...
Prime Contract
A contract awarded directly...
Applicant Entity
The business entity requesting...
Business Activity
The business (or loss) activity of...
B/E (Business EIDL) Loan
A business loan that...
Contract
A mutually binding legal rel..
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Applicant Individual
aka who is requesting an SBA loan...
Defense Contractor
Any person who enters into...
Small Business
A business smaller than...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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