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.

Operating Leases

are deducted on the company’s...

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Current Liabilities

A balance sheet item, which...

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Intermediary Organization

Organizations that play a funda...

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Schedule of Liabilities

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

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Trend Analysis

A comparative analysis of...

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Days Payable

A measure of the average time a...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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Corporation (C-corp.)

The most common form of business org...

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Days Receivable

A measure of the average time a...

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Hardship Waiver

Method used to approve a...

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Credit Elsewhere Test (CET)

The test to determine the...

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Coastal Barrier Resource Area (COBRA)

A flood prone area in which...

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Capital Leases

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

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Partnering

A mutually beneficial business-to-bus...

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Cash Available to Service Additional Debt (CASAD)

The cash flow determined that...

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Cash Available to Service Additional Debt (CASAD)

SBA 7a Loans

SBA 504 Loans

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Common SBA Terms

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