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.
Physical Loans
Funds to repair/replace dis...
Break-even Analysis
A calculation of the approximate sales...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Capital Leases
are for the purchase of fixed assets such as...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Income Statement
Shows the entity’s income and...
Sole Proprietor
an individual who...
Phase 1
Process used to determine the...
Equity
An accounting term used to...
Current Liabilities
A balance sheet item, which...
Negotiation
Contracting through the use of...
B/E (Business EIDL) Loan
A business loan that...
Depreciation
A non-cash operating expense that...
Certificate of Competency
A certificate issued by the Small Bus...
SCORE
Counselors to America's Small Bus...

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