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.

GPM%

The measure of every sales dollar left...

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Emerging Small Business

A small business concern whose...

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Sole Proprietor

an individual who...

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Affiliates

Business concerns, organizations, or...

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P&L (Profit and Loss Statement)

also considered as Income Statement or...

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Lien

A legal claim against an...

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Normal Gross Margin

The margin that would have been...

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Applicant Entity

The business entity requesting...

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Current Assets

A balance sheet item which equals...

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Best and Final Offer

For negotiated procurements...

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Contracting

Purchasing, renting, leasing, or...

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Available Asset Test

Part of the CET that determines if an applicant(s) has...

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Break-even Analysis

A calculation of the approximate sales...

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S-Corporation

A form of corporation, allowed by...

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Subsidiary

A company for which a majority of the...

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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 7a Loan Types

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