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Glossary · Reading the business

Pre-Paid Expenses

In short

Expenses paid in advance for goods or services that will be consumed in the future, such as insurance premiums or rent. They are recorded as assets on the balance sheet.

What it means in a deal

When reviewing a business's financials, identify significant pre-paid expenses. These represent future benefits already paid for, which can be valuable to you as the new owner. Ensure these assets are appropriately transferred or credited in the purchase agreement. They can impact the working capital calculation at closing.

Common questions about Pre-Paid Expenses

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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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