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.
Negotiation
Contracting through the use of...
Defense Contractor
Any person who enters into...
Contracting
Purchasing, renting, leasing, or...
Comparative Analysis
Is designed to point out significant trends that...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Small Business
A business smaller than...
Certified 8(a) Firm
A firm owned and operated by socially and...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Electronic Data Interchange
Transmission of information bet...
Acquisition
The acquiring of supplies or...
Credit Elsewhere Test (CET)
The test to determine the...
Full and Open Competition
With respect to a contract action...
Injury Analysis
Measures the effects of...
Duplicated Interest
The amount of interest exp...
Physical Loans
Funds to repair/replace dis...

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