Capital Leases

are for the purchase of fixed assets (machinery/equipment) and these assets are shown on the company’s balance sheet and represent a fixed debt. If the lease is a capital lease, the debt should be shown as a Note Payable.

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.
Operating Leases
are deducted on the company’s...
Applicant/Co-Applicant
Business entity and person requesting...
Adjusted Net Worth
Post disaster fair market value of tangible...
Capital Leases
are for the purchase of fixed assets such as...
Defense Contractor
Any person who enters into...
Extraordinary Items
Additional expenses that are...
Limited Partnership
A business organization with one or...
Projection
An estimate of future economic or...
Request for Proposal (RFP)
A document outlining a...
Certified 8(a) Firm
A firm owned and operated by socially and...
Income Statement
Shows the entity’s income and...
Affiliate
Business concerns are affiliates if one concern...
Trend Analysis
A comparative analysis of...
Protégé
A firm in a developmental stage that...
Liabilities
A financial obligation...

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