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.
Equity
An accounting term used to...
Current Liabilities
A balance sheet item, which...
Injury Period
The time period during...
Days Payable
A measure of the average time a...
Affiliated Group
When two or more...
Extraordinary Items
Additional expenses that are...
Days Receivable
A measure of the average time a...
Break-even Analysis
A calculation of the approximate sales...
Certificate of Competency
A certificate issued by the Small Bus...
Electronic Data Interchange
Transmission of information bet...
Collateral
Assets pledged by a borrower to secure a loan...
Partnering
A mutually beneficial business-to-bus...
Corporation (C-corp.)
The most common form of business org...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Affiliates
Business concerns, organizations, or...

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