PLAIN-LANGUAGE DEFINITION
A bank or financial institution authorized to offer Small Business Administration (SBA) loan programs, which typically feature lower down payments and longer repayment terms than conventional loans.
What to check
Test the assumptions and consider what happens if revenue or costs differ from your plan.
Where this connects to Impresa
You may encounter this concept when reviewing Capital Planning. Start with the underlying inputs and check the applicable reporting period before interpreting the result.
Read the Capital Planning guideA NOTE ON INTERPRETATION
NEXT DEFINITIONUnderwriting ↗Definitions here explain the concept. Accounting treatments, formulas, and industry comparisons may vary. Use your own records and qualified advice for material decisions.