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.
Injury Analysis
Measures the effects of...
Best and Final Offer
For negotiated procurements...
Mentor
A business, usually large, or...
Request for Proposal (RFP)
A document outlining a...
GPM%
The measure of every sales dollar left...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Small Disadvantaged Business Concern
A small business concern that...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Certificate of Competency
A certificate issued by the Small Bus...
Current Assets
A balance sheet item which equals...
Limited Partnership
A business organization with one or...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Break-even Analysis
A calculation of the approximate sales...
Phase 2
Process to be used to determine economic injury for...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers

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