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.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Principal
the owner(s) of the Applicant Entity that...
B/E (Business EIDL) Loan
A business loan that...
Capital Leases
are for the purchase of fixed assets such as...
Working Capital (WC)
The amount of current assets that...
Mentor
A business, usually large, or...
Projection
An estimate of future economic or...
Contract
A mutually binding legal rel..
Intermediary Organization
Organizations that play a funda...
Normal Gross Margin
The margin that would have been...
Negotiation
Contracting through the use of...
Credit Score Test
Part of the home loan CET show a...
Collateral
Assets pledged by a borrower to secure a loan...
Trend Analysis
A comparative analysis of...
Injury Period
The time period during...

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