Depreciation

A non-cash operating expense that reduces the value of a tangible asset as a result of wear and tear, age, or obsolescence. Depreciation is recorded in the financial statements of an entity as a reduction in the carrying value of the 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.
NAICS
NAICS codes are common...
Trend Analysis
A comparative analysis of...
Amortization
A non-cash operating expense that...
Subsidiary
A company for which a majority of the...
Depreciation
A non-cash operating expense that...
SCORE
Counselors to America's Small Bus...
Prime Contract
A contract awarded directly...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Comparative Analysis
Is designed to point out significant trends that...
Small Disadvantaged Business Concern
A small business concern that...
Business Activity
The business (or loss) activity of...
Intermediary Organization
Organizations that play a funda...
Normal Gross Margin
The margin that would have been...
Applicant Individual
aka who is requesting an SBA loan...
Guarantor
The legal entity and...

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