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.

Collateral

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

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Partnering

A mutually beneficial business-to-bus...

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Mentor

A business, usually large, or...

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Small Business Innovative Research (SBIR) Contract

A type of contract designed to...

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Primary Activity

The major business activity of...

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Normal Annual Sales

Those sales that would have...

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Small Disadvantaged Business Concern

A small business concern that...

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GPM%

The measure of every sales dollar left...

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Days Receivable

A measure of the average time a...

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Cash-basis Accounting

records revenue when cash is...

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Corporation (C-corp.)

The most common form of business org...

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Operating Leases

are deducted on the company’s...

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Working Capital (WC)

The amount of current assets that...

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Accrual Basis Accounting

recognizes revenues when earned and expenses are...

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Small Business

A business smaller than...

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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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