Operating Leases

are deducted on the company’s operating expenses. If the lease is an operating lease, then the amount is already accounted for in total expenses and should not be shown as a scheduled debt.

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...
Joint Venture
In the SBA Mentor-Protégé Program...
Partnership
A type of unincorporated business org...
Guarantor
The legal entity and...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Mentor
A business, usually large, or...
Cash-basis Accounting
records revenue when cash is...
Small Disadvantaged Business Concern
A small business concern that...
Projection
An estimate of future economic or...
Companion File
When an applicant has another application filed...
Current Assets
A balance sheet item which equals...
Business Activity
The business (or loss) activity of...
Credit Elsewhere Test (CET)
The test to determine the...
Trend Analysis
A comparative analysis of...
Liabilities
A financial obligation...

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