Accrual Basis Accounting

recognizes revenues when earned and expenses are matched with the related revenues and/or are reported when the expense occurs, not when the cash is paid deducts expenses when incurred.

Updated on
September 8, 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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Capital Leases
are for the purchase of fixed assets such as...
Negotiation
Contracting through the use of...
Contracting Officer
A person with the authority to...
Comparative Analysis
Is designed to point out significant trends that...
Trend Analysis
A comparative analysis of...
Partnering
A mutually beneficial business-to-bus...
Contracting
Purchasing, renting, leasing, or...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Days Receivable
A measure of the average time a...
Cash Flow Test
Part of the CET that determines if...
Substantial Damage
This means uninsured or otherwise uncompensated...
GPM%
The measure of every sales dollar left...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Small Business
A business smaller than...

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