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.
Projection
An estimate of future economic or...
Days Receivable
A measure of the average time a...
Limited Partnership
A business organization with one or...
Affiliated Group
When two or more...
Injury Period
The time period during...
Current Liabilities
A balance sheet item, which...
Partnering
A mutually beneficial business-to-bus...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Defense Contractor
Any person who enters into...
Affiliates
Business concerns, organizations, or...
Working Capital (WC)
The amount of current assets that...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Mentor
A business, usually large, or...
Trend Analysis
A comparative analysis of...

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