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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Applicant/Co-Applicant

Business entity and person requesting...

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Intermediary Organization

Organizations that play a funda...

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Loan Authorization and Agreement (LA&A)

A contract between SBA and the borrower that...

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Normal Annual Sales

Those sales that would have...

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Accrual Basis Accounting

recognizes revenues when earned and expenses are...

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Phase 1

Process used to determine the...

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Partnership

A type of unincorporated business org...

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Joint Venture

In the SBA Mentor-Protégé Program...

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Days Payable

A measure of the average time a...

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Partnering

A mutually beneficial business-to-bus...

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Affiliated Group

When two or more...

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Substantial Damage

This means uninsured or otherwise uncompensated...

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Full and Open Competition

With respect to a contract action...

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Hardship Waiver

Method used to approve a...

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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

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