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.
Full and Open Competition
With respect to a contract action...
Electronic Data Interchange
Transmission of information bet...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Liabilities
A financial obligation...
Applicant Entity
The business entity requesting...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Normal Annual Sales
Those sales that would have...
Affiliate
Business concerns are affiliates if one concern...
Adjusted Net Worth
Post disaster fair market value of tangible...
Comparative Analysis
Is designed to point out significant trends that...
SCORE
Counselors to America's Small Bus...
Hardship Waiver
Method used to approve a...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Small Disadvantaged Business Concern
A small business concern that...

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