Available Asset Test

Part of the CET that determines if an applicant(s) has sufficient assets to borrow private sector funds to repair/replace uncompensated disaster damages without incurring undue hardship. (Certain exclusions apply.)

Updated on
September 8, 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.
Injury Period
The time period during...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
B/E (Business EIDL) Loan
A business loan that...
Phase 2
Process to be used to determine economic injury for...
Credit Score Test
Part of the home loan CET show a...
Income Statement
Shows the entity’s income and...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Sole Proprietor
an individual who...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Protégé
A firm in a developmental stage that...
Certified 8(a) Firm
A firm owned and operated by socially and...
Break-even Analysis
A calculation of the approximate sales...
Applicant Entity
The business entity requesting...
Days Receivable
A measure of the average time a...
Comparative Analysis
Is designed to point out significant trends that...

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