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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Extraordinary Items
Additional expenses that are...
Contracting Officer
A person with the authority to...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Small Disadvantaged Business Concern
A small business concern that...
Intermediary Organization
Organizations that play a funda...
Operating Leases
are deducted on the company’s...
Current Assets
A balance sheet item which equals...
Normal Gross Margin
The margin that would have been...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Equity
An accounting term used to...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Phase 2
Process to be used to determine economic injury for...

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