Schedule of Liabilities

A business debt schedule that lists all of the debts the business currently owes, including creditor name; original amount due; original due date; current balance; repayment status; maturity date; payment amount and frequency; and how debt is secured.

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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Protégé
A firm in a developmental stage that...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
Applicant/Co-Applicant
Business entity and person requesting...
B/E (Business EIDL) Loan
A business loan that...
Prime Contract
A contract awarded directly...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Injury Period
The time period during...
Negotiation
Contracting through the use of...
Small Business
A business smaller than...
Defense Contractor
Any person who enters into...
Affiliates
Business concerns, organizations, or...
Current Liabilities
A balance sheet item, which...
Schedule of Liabilities
A business debt schedule that lists all of the debts...

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