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.
Days Receivable
A measure of the average time a...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Current Assets
A balance sheet item which equals...
Affiliate
Business concerns are affiliates if one concern...
Mentor
A business, usually large, or...
S-Corporation
A form of corporation, allowed by...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Adjusted Net Worth
Post disaster fair market value of tangible...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Affiliated Group
When two or more...
Days Payable
A measure of the average time a...
Small Business
A business smaller than...
Projection
An estimate of future economic or...

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