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.
Injury Analysis
Measures the effects of...
Affiliate
Business concerns are affiliates if one concern...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Duplicated Interest
The amount of interest exp...
Electronic Data Interchange
Transmission of information bet...
Normal Gross Margin
The margin that would have been...
Small Business
A business smaller than...
Principal
the owner(s) of the Applicant Entity that...
B/E (Business EIDL) Loan
A business loan that...
Trend Analysis
A comparative analysis of...
Certified 8(a) Firm
A firm owned and operated by socially and...
Lien
A legal claim against an...
Affiliates
Business concerns, organizations, or...
Partnering
A mutually beneficial business-to-bus...
Request for Proposal (RFP)
A document outlining a...

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