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.

Comparative Analysis

Is designed to point out significant trends that...

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Substantial Damage

This means uninsured or otherwise uncompensated...

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S-Corporation

A form of corporation, allowed by...

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Duplicated Interest

The amount of interest exp...

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Depreciation

A non-cash operating expense that...

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Operating Leases

are deducted on the company’s...

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Days Receivable

A measure of the average time a...

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DBA

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

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Lien

A legal claim against an...

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Collateral

Assets pledged by a borrower to secure a loan...

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Cash Flow Test

Part of the CET that determines if...

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Defense Contractor

Any person who enters into...

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Limited Partnership

A business organization with one or...

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Physical Loans

Funds to repair/replace dis...

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Applicant Entity

The business entity requesting...

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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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