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.
Projection
An estimate of future economic or...
Defense Contractor
Any person who enters into...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Applicant Individual
aka who is requesting an SBA loan...
Contracting
Purchasing, renting, leasing, or...
Credit Elsewhere Test (CET)
The test to determine the...
Contract
A mutually binding legal rel..
Mentor
A business, usually large, or...
Operating Leases
are deducted on the company’s...
Normal Gross Margin
The margin that would have been...
Lien
A legal claim against an...
S-Corporation
A form of corporation, allowed by...
Full and Open Competition
With respect to a contract action...
Normal Annual Sales
Those sales that would have...
Injury Analysis
Measures the effects of...

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