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.

Small Business Development Centers (SBDC)

SBDCs offer a broad spec...

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Days Payable

A measure of the average time a...

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Defense Acquisition Regulatory Council (DARC)

A group composed of rep...

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Substantial Damage

This means uninsured or otherwise uncompensated...

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Prime Contract

A contract awarded directly...

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Schedule of Liabilities

A business debt schedule that lists all of the debts...

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Affiliates

Business concerns, organizations, or...

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Corporation (C-corp.)

The most common form of business org...

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Limited Partnership

A business organization with one or...

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Capital Leases

are for the purchase of fixed assets such as...

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Best and Final Offer

For negotiated procurements...

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Certified 8(a) Firm

A firm owned and operated by socially and...

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Working Capital (WC)

The amount of current assets that...

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Applicant Entity

The business entity requesting...

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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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