Liabilities

A financial obligation, debt, or claim, i.e. notes payable and accounts 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.
Best and Final Offer
For negotiated procurements...
Injury Analysis
Measures the effects of...
Sole Proprietor
an individual who...
Intermediary Organization
Organizations that play a funda...
Affiliate
Business concerns are affiliates if one concern...
Affiliates
Business concerns, organizations, or...
Normal Gross Margin
The margin that would have been...
Joint Venture
In the SBA Mentor-Protégé Program...
Equity
An accounting term used to...
Amortization
A non-cash operating expense that...
Comparative Analysis
Is designed to point out significant trends that...
Prime Contract
A contract awarded directly...
Lien
A legal claim against an...
Break-even Analysis
A calculation of the approximate sales...
Credit Elsewhere Test (CET)
The test to determine the...

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