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.
Capital Leases
are for the purchase of fixed assets such as...
Companion File
When an applicant has another application filed...
Emerging Small Business
A small business concern whose...
Protégé
A firm in a developmental stage that...
Primary Activity
The major business activity of...
Intermediary Organization
Organizations that play a funda...
Full and Open Competition
With respect to a contract action...
Electronic Data Interchange
Transmission of information bet...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Hardship Waiver
Method used to approve a...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Affiliates
Business concerns, organizations, or...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
B/E (Business EIDL) Loan
A business loan that...
Days Receivable
A measure of the average time a...

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.