SBA Terms

Cash Available to Service Additional Debt (CASAD)

The cash flow determined that should be available to service a disaster loan. The target payment is generally 1/3 of CASAD.

Updated on

September 9, 2022

Published on

June 20, 2018

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SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

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SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

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SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

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SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.

Protégé

A firm in a developmental stage that...

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GPM%

The measure of every sales dollar left...

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Phase 2

Process to be used to determine economic injury for...

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P&L (Profit and Loss Statement)

also considered as Income Statement or...

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Duplicated Interest

The amount of interest exp...

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Hardship Waiver

Method used to approve a...

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Partnership

A type of unincorporated business org...

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Mentor

A business, usually large, or...

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Joint Venture

In the SBA Mentor-Protégé Program...

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Sole Proprietor

an individual who...

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Balance Sheet or Statement of Financial Position

Assets = Liabilities + Equity...

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Fair and Reasonable Price

A price that is fair to both parties...

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Partnering

A mutually beneficial business-to-bus...

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Guarantor

The legal entity and...

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Electronic Data Interchange

Transmission of information bet...

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Cash Available to Service Additional Debt (CASAD)

SBA 7a Loans

SBA 504 Loans

SBA Microloans

Common SBA Terms

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SBA 7a Loan Types

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