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.
Joint Venture
In the SBA Mentor-Protégé Program...
Electronic Data Interchange
Transmission of information bet...
Extraordinary Items
Additional expenses that are...
Adjusted Net Worth
Post disaster fair market value of tangible...
Subsidiary
A company for which a majority of the...
Applicant/Co-Applicant
Business entity and person requesting...
Phase 1
Process used to determine the...
Collateral
Assets pledged by a borrower to secure a loan...
Fair and Reasonable Price
A price that is fair to both parties...
Amortization
A non-cash operating expense that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Days Receivable
A measure of the average time a...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Partnering
A mutually beneficial business-to-bus...
Affiliates
Business concerns, organizations, or...

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