Amortization

A non-cash operating expense that reduces the value of intangible assets (such as patents, trademarks or goodwill) in a systematic manner. Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement.

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.
Comparative Analysis
Is designed to point out significant trends that...
Current Assets
A balance sheet item which equals...
Duplicated Interest
The amount of interest exp...
S-Corporation
A form of corporation, allowed by...
Operating Leases
are deducted on the company’s...
Request for Proposal (RFP)
A document outlining a...
Normal Annual Sales
Those sales that would have...
SCORE
Counselors to America's Small Bus...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Affiliate
Business concerns are affiliates if one concern...
Trend Analysis
A comparative analysis of...
Intermediary Organization
Organizations that play a funda...
Applicant Individual
aka who is requesting an SBA loan...
Amortization
A non-cash operating expense that...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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