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.
S-Corporation
A form of corporation, allowed by...
Certified 8(a) Firm
A firm owned and operated by socially and...
Cash Flow Test
Part of the CET that determines if...
Capital Leases
are for the purchase of fixed assets such as...
Guarantor
The legal entity and...
Liabilities
A financial obligation...
B/E (Business EIDL) Loan
A business loan that...
Break-even Analysis
A calculation of the approximate sales...
Corporation (C-corp.)
The most common form of business org...
Request for Proposal (RFP)
A document outlining a...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Joint Venture
In the SBA Mentor-Protégé Program...
Credit Score Test
Part of the home loan CET show a...
Extraordinary Items
Additional expenses that are...
Acquisition
The acquiring of supplies or...

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