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.

Injury Period

The time period during...

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SAE (Stand Alone Economic Injury Disaster Loan)

provide necessary working capital to...

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Schedule of Liabilities

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

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Defense Contractor

Any person who enters into...

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Emerging Small Business

A small business concern whose...

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NAICS

NAICS codes are common...

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Assets

The amount of current assets that is left...

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Income Statement

Shows the entity’s income and...

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Joint Venture

In the SBA Mentor-Protégé Program...

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Equity

An accounting term used to...

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Subcontract

A contract between a prime cont...

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Certified 8(a) Firm

A firm owned and operated by socially and...

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Companion File

When an applicant has another application filed...

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Cash-basis Accounting

records revenue when cash is...

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Federal Acquisition Regulation (FAR)

The body of regulations which is...

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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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