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.
Trend Analysis
A comparative analysis of...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Working Capital (WC)
The amount of current assets that...
S-Corporation
A form of corporation, allowed by...
Small Disadvantaged Business Concern
A small business concern that...
Business Activity
The business (or loss) activity of...
Current Assets
A balance sheet item which equals...
Protégé
A firm in a developmental stage that...
Emerging Small Business
A small business concern whose...
Current Liabilities
A balance sheet item, which...
Normal Annual Sales
Those sales that would have...
Full and Open Competition
With respect to a contract action...
Joint Venture
In the SBA Mentor-Protégé Program...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Liabilities
A financial obligation...

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