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.

NAICS

NAICS codes are common...

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Extraordinary Items

Additional expenses that are...

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Applicant Individual

aka who is requesting an SBA loan...

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Cash Flow Test

Part of the CET that determines if...

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Current Liabilities

A balance sheet item, which...

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Partnership

A type of unincorporated business org...

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P&L (Profit and Loss Statement)

also considered as Income Statement or...

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Sole Proprietor

an individual who...

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Full and Open Competition

With respect to a contract action...

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Physical Loans

Funds to repair/replace dis...

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Operating Leases

are deducted on the company’s...

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Principal

the owner(s) of the Applicant Entity that...

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Assets

The amount of current assets that is left...

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Fair and Reasonable Price

A price that is fair to both parties...

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Liabilities

A financial obligation...

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Cash Available to Service Additional Debt (CASAD)

SBA 7a Loans

SBA 504 Loans

SBA Microloans

Common SBA Terms

Get the quick rundown on SBA Loans

SBA Loan Types

SBA 7a Loan Types

SBA Loan Purposes

SBA EDU

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