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.
Normal Annual Sales
Those sales that would have...
Partnering
A mutually beneficial business-to-bus...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Contract
A mutually binding legal rel..
Duplicated Interest
The amount of interest exp...
Liabilities
A financial obligation...
Operating Leases
are deducted on the company’s...
B/E (Business EIDL) Loan
A business loan that...
Income Statement
Shows the entity’s income and...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Limited Partnership
A business organization with one or...
Protégé
A firm in a developmental stage that...
Emerging Small Business
A small business concern whose...
SCORE
Counselors to America's Small Bus...
Best and Final Offer
For negotiated procurements...

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