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.
Break-even Analysis
A calculation of the approximate sales...
Amortization
A non-cash operating expense that...
Affiliated Group
When two or more...
Cash-basis Accounting
records revenue when cash is...
Applicant Entity
The business entity requesting...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Primary Activity
The major business activity of...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Acquisition
The acquiring of supplies or...
Duplicated Interest
The amount of interest exp...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Negotiation
Contracting through the use of...
B/E (Business EIDL) Loan
A business loan that...
Collateral
Assets pledged by a borrower to secure a loan...
Companion File
When an applicant has another application filed...

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