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.
Current Assets
A balance sheet item which equals...
Primary Activity
The major business activity of...
Acquisition
The acquiring of supplies or...
Principal
the owner(s) of the Applicant Entity that...
Partnering
A mutually beneficial business-to-bus...
Injury Analysis
Measures the effects of...
Phase 1
Process used to determine the...
Business Activity
The business (or loss) activity of...
Injury Period
The time period during...
Guarantor
The legal entity and...
Normal Gross Margin
The margin that would have been...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Duplicated Interest
The amount of interest exp...
SCORE
Counselors to America's Small Bus...
Liabilities
A financial obligation...

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