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.
Collateral
Assets pledged by a borrower to secure a loan...
Equity
An accounting term used to...
Applicant/Co-Applicant
Business entity and person requesting...
Applicant Entity
The business entity requesting...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Protégé
A firm in a developmental stage that...
Capital Leases
are for the purchase of fixed assets such as...
Contracting
Purchasing, renting, leasing, or...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Days Receivable
A measure of the average time a...
Joint Venture
In the SBA Mentor-Protégé Program...
Negotiation
Contracting through the use of...
Lien
A legal claim against an...
Working Capital (WC)
The amount of current assets that...

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