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...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Collateral
Assets pledged by a borrower to secure a loan...
Current Assets
A balance sheet item which equals...
Projection
An estimate of future economic or...
Intermediary Organization
Organizations that play a funda...
Electronic Data Interchange
Transmission of information bet...
Affiliates
Business concerns, organizations, or...
Cash-basis Accounting
records revenue when cash is...
NAICS
NAICS codes are common...
Comparative Analysis
Is designed to point out significant trends that...
Days Receivable
A measure of the average time a...
Working Capital (WC)
The amount of current assets that...
Normal Gross Margin
The margin that would have been...
Phase 1
Process used to determine the...

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