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.
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Amortization
A non-cash operating expense that...
Best and Final Offer
For negotiated procurements...
S-Corporation
A form of corporation, allowed by...
Intermediary Organization
Organizations that play a funda...
Cash Flow Test
Part of the CET that determines if...
Injury Period
The time period during...
Small Business
A business smaller than...
Protégé
A firm in a developmental stage that...
Partnering
A mutually beneficial business-to-bus...
Contracting Officer
A person with the authority to...
Acquisition
The acquiring of supplies or...
Working Capital (WC)
The amount of current assets that...
Business Activity
The business (or loss) activity of...
B/E (Business EIDL) Loan
A business loan that...

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