Current Assets

A balance sheet item which equals the sum of cash and cash equivalents, accounts receivable , inventory, marketable securities, prepaid expenses, and other assets that could be converted to cash in less than one year.

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.
Break-even Analysis
A calculation of the approximate sales...
Physical Loans
Funds to repair/replace dis...
Current Liabilities
A balance sheet item, which...
Collateral
Assets pledged by a borrower to secure a loan...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Negotiation
Contracting through the use of...
Partnership
A type of unincorporated business org...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Normal Gross Margin
The margin that would have been...
Prime Contract
A contract awarded directly...
Liabilities
A financial obligation...
Principal
the owner(s) of the Applicant Entity that...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Partnering
A mutually beneficial business-to-bus...
Injury Analysis
Measures the effects of...

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