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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Operating Leases
are deducted on the company’s...
Normal Gross Margin
The margin that would have been...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Intermediary Organization
Organizations that play a funda...
Adjusted Net Worth
Post disaster fair market value of tangible...
Current Liabilities
A balance sheet item, which...
Prime Contract
A contract awarded directly...
Working Capital (WC)
The amount of current assets that...
Companion File
When an applicant has another application filed...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Physical Loans
Funds to repair/replace dis...
Applicant/Co-Applicant
Business entity and person requesting...
Full and Open Competition
With respect to a contract action...
Best and Final Offer
For negotiated procurements...

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