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.
Business Activity
The business (or loss) activity of...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Adjusted Net Worth
Post disaster fair market value of tangible...
Small Disadvantaged Business Concern
A small business concern that...
Break-even Analysis
A calculation of the approximate sales...
Trend Analysis
A comparative analysis of...
Current Liabilities
A balance sheet item, which...
Assets
The amount of current assets that is left...
Affiliate
Business concerns are affiliates if one concern...
Lien
A legal claim against an...
Applicant Entity
The business entity requesting...
Income Statement
Shows the entity’s income and...
Contracting Officer
A person with the authority to...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Corporation (C-corp.)
The most common form of business org...

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