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.
Income Statement
Shows the entity’s income and...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Injury Analysis
Measures the effects of...
Mentor
A business, usually large, or...
Affiliate
Business concerns are affiliates if one concern...
Sole Proprietor
an individual who...
Affiliated Group
When two or more...
Acquisition
The acquiring of supplies or...
Partnership
A type of unincorporated business org...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Credit Score Test
Part of the home loan CET show a...
Subcontract
A contract between a prime cont...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Guarantor
The legal entity and...
Best and Final Offer
For negotiated procurements...

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