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.
Current Liabilities
A balance sheet item, which...
Days Payable
A measure of the average time a...
Affiliate
Business concerns are affiliates if one concern...
Injury Period
The time period during...
S-Corporation
A form of corporation, allowed by...
Certified 8(a) Firm
A firm owned and operated by socially and...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Limited Partnership
A business organization with one or...
Income Statement
Shows the entity’s income and...
Intermediary Organization
Organizations that play a funda...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Request for Proposal (RFP)
A document outlining a...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Working Capital (WC)
The amount of current assets that...
Applicant/Co-Applicant
Business entity and person requesting...

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