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.

SCORE

Counselors to America's Small Bus...

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Partnering

A mutually beneficial business-to-bus...

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Primary Activity

The major business activity of...

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Income Statement

Shows the entity’s income and...

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Contract

A mutually binding legal rel..

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Cash Flow Test

Part of the CET that determines if...

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Business Activity

The business (or loss) activity of...

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Affiliate

Business concerns are affiliates if one concern...

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Days Payable

A measure of the average time a...

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GPM%

The measure of every sales dollar left...

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Phase 1

Process used to determine the...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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Affiliated Group

When two or more...

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Loan Authorization and Agreement (LA&A)

A contract between SBA and the borrower that...

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Certificate of Competency

A certificate issued by the Small Bus...

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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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