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

Apply Here

SBA 7a Loans

The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.

Explore 7a loans

SBA 504 Loans

SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.

Explore 504 loans

SBA Microloans

The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.

Explore microloans

SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.

Emerging Small Business

A small business concern whose...

Go to full definition ->

Affiliated Group

When two or more...

Go to full definition ->

Certificate of Competency

A certificate issued by the Small Bus...

Go to full definition ->

Schedule of Liabilities

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

Go to full definition ->

Guarantor

The legal entity and...

Go to full definition ->

SCORE

Counselors to America's Small Bus...

Go to full definition ->

Acquisition

The acquiring of supplies or...

Go to full definition ->

Available Asset Test

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

Go to full definition ->

Standard Industrial Classification (SIC) Code

A code representing a category within...

Go to full definition ->

Federal Acquisition Regulation (FAR)

The body of regulations which is...

Go to full definition ->

Affiliates

Business concerns, organizations, or...

Go to full definition ->

Protégé

A firm in a developmental stage that...

Go to full definition ->

Operating Leases

are deducted on the company’s...

Go to full definition ->

Mentor

A business, usually large, or...

Go to full definition ->

Physical Loans

Funds to repair/replace dis...

Go to full definition ->

Get the quick rundown on SBA Loans

Join over 4,000+ small business owners already growing with us.

How it Works

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

Get Started