Glossary · Reading the business
Debt Schedule
In short
A debt schedule is a detailed list of all outstanding loans and their repayment terms for a business. It shows principal and interest payments over time, providing a clear picture of future debt obligations.
What it means in a deal
When evaluating a target business, you'll need the seller's debt schedule to understand existing liabilities. This informs your pro forma financials and helps calculate global cash flow. The SBA lender will use this to assess the business's overall leverage and ability to service both existing and new debt.
Related terms
Common questions about Debt Schedule
- How is prior owner debt converted to equity treated for injection purposes?
- Can I use an SBA 7(a) loan to refinance existing business debt?
- Can an SBA 7(a) loan be used to refinance existing business debt?
- Can I use an SBA 7(a) loan to pay off personal debt?
- Does the SBA require a specific debt service coverage ratio (DSCR) for approval?
- What is the debt-to-worth ratio requirement for a $0-down partner buyout?
Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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