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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Applicant Individual

aka who is requesting an SBA loan...

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Guarantor

The legal entity and...

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Small Business Development Centers (SBDC)

SBDCs offer a broad spec...

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Extraordinary Items

Additional expenses that are...

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Contracting

Purchasing, renting, leasing, or...

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Affiliate

Business concerns are affiliates if one concern...

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Balance Sheet or Statement of Financial Position

Assets = Liabilities + Equity...

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Defense Acquisition Regulatory Council (DARC)

A group composed of rep...

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Electronic Data Interchange

Transmission of information bet...

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Request for Proposal (RFP)

A document outlining a...

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Cash-basis Accounting

records revenue when cash is...

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Substantial Damage

This means uninsured or otherwise uncompensated...

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GPM%

The measure of every sales dollar left...

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Contractor Team Arrangement

An arrangement in which...

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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 Loan Types

SBA 7a Loan Types

SBA Loan Purposes

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