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.
Request for Proposal (RFP)
A document outlining a...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Current Liabilities
A balance sheet item, which...
Adjusted Net Worth
Post disaster fair market value of tangible...
Comparative Analysis
Is designed to point out significant trends that...
Trend Analysis
A comparative analysis of...
Mentor
A business, usually large, or...
Cash-basis Accounting
records revenue when cash is...
Best and Final Offer
For negotiated procurements...
Affiliate
Business concerns are affiliates if one concern...
Equity
An accounting term used to...
Applicant Entity
The business entity requesting...
Projection
An estimate of future economic or...
Partnering
A mutually beneficial business-to-bus...
Normal Gross Margin
The margin that would have been...

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