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.

Cash-basis Accounting

records revenue when cash is...

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DBA

ex. Blocker & Sons LLC, doing business as Bob's Burgers

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Fair and Reasonable Price

A price that is fair to both parties...

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Accrual Basis Accounting

recognizes revenues when earned and expenses are...

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Applicant Entity

The business entity requesting...

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Extraordinary Items

Additional expenses that are...

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Applicant Individual

aka who is requesting an SBA loan...

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Companion File

When an applicant has another application filed...

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Primary Activity

The major business activity of...

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Balance Sheet or Statement of Financial Position

Assets = Liabilities + Equity...

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Subcontract

A contract between a prime cont...

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Prime Contract

A contract awarded directly...

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Defense Contractor

Any person who enters into...

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Electronic Data Interchange

Transmission of information bet...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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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 Loan Types

SBA 7a Loan Types

SBA Loan Purposes

SBA EDU

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