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.

Negotiation

Contracting through the use of...

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P&L (Profit and Loss Statement)

also considered as Income Statement or...

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Current Assets

A balance sheet item which equals...

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Break-even Analysis

A calculation of the approximate sales...

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Liabilities

A financial obligation...

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Balance Sheet or Statement of Financial Position

Assets = Liabilities + Equity...

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Joint Venture

In the SBA Mentor-Protégé Program...

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Contract

A mutually binding legal rel..

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Request for Proposal (RFP)

A document outlining a...

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NAICS

NAICS codes are common...

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Companion File

When an applicant has another application filed...

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S-Corporation

A form of corporation, allowed by...

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Current Liabilities

A balance sheet item, which...

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Full and Open Competition

With respect to a contract action...

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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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