Equity

An accounting term used to describe the net investment of owners or stockholders in a business. Under the accounting equation, equity also represents the result of assets less liabilities.

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.
Companion File
When an applicant has another application filed...
Income Statement
Shows the entity’s income and...
Current Liabilities
A balance sheet item, which...
Subcontract
A contract between a prime cont...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Capital Leases
are for the purchase of fixed assets such as...
Mentor
A business, usually large, or...
Days Payable
A measure of the average time a...
Duplicated Interest
The amount of interest exp...
Lien
A legal claim against an...
Certificate of Competency
A certificate issued by the Small Bus...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Partnership
A type of unincorporated business org...
Days Receivable
A measure of the average time a...

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