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.
Partnership
A type of unincorporated business org...
Certificate of Competency
A certificate issued by the Small Bus...
Working Capital (WC)
The amount of current assets that...
Subsidiary
A company for which a majority of the...
Protégé
A firm in a developmental stage that...
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Liabilities
A financial obligation...
Equity
An accounting term used to...
Depreciation
A non-cash operating expense that...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Adjusted Net Worth
Post disaster fair market value of tangible...
Mentor
A business, usually large, or...
Principal
the owner(s) of the Applicant Entity that...
Days Receivable
A measure of the average time a...

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