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.

Contracting Officer

A person with the authority to...

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Trend Analysis

A comparative analysis of...

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Business Activity

The business (or loss) activity of...

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DBA

ex. Blocker & Sons LLC, doing business as Bob's Burgers

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Liabilities

A financial obligation...

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Available Asset Test

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

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Income Statement

Shows the entity’s income and...

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Affiliates

Business concerns, organizations, or...

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Certificate of Competency

A certificate issued by the Small Bus...

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Fair and Reasonable Price

A price that is fair to both parties...

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Small Business

A business smaller than...

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Limited Liability Entities (company/partnership)

An LLE provides business owners with...

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Adjusted Net Worth

Post disaster fair market value of tangible...

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Accrual Basis Accounting

recognizes revenues when earned and expenses are...

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Assets

The amount of current assets that is left...

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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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