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.
Days Payable
A measure of the average time a...
Hardship Waiver
Method used to approve a...
Equity
An accounting term used to...
Injury Analysis
Measures the effects of...
Subcontract
A contract between a prime cont...
Cash-basis Accounting
records revenue when cash is...
Limited Partnership
A business organization with one or...
Affiliate
Business concerns are affiliates if one concern...
Business Activity
The business (or loss) activity of...
Subsidiary
A company for which a majority of the...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Emerging Small Business
A small business concern whose...
Lien
A legal claim against an...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...

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