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.

Operating Leases

are deducted on the company’s...

Go to full definition ->

Substantial Damage

This means uninsured or otherwise uncompensated...

Go to full definition ->

Extraordinary Items

Additional expenses that are...

Go to full definition ->

Protégé

A firm in a developmental stage that...

Go to full definition ->

Adjusted Net Worth

Post disaster fair market value of tangible...

Go to full definition ->

Prime Contract

A contract awarded directly...

Go to full definition ->

Partnership

A type of unincorporated business org...

Go to full definition ->

Income Statement

Shows the entity’s income and...

Go to full definition ->

DBA

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

Go to full definition ->

Joint Venture

In the SBA Mentor-Protégé Program...

Go to full definition ->

Negotiation

Contracting through the use of...

Go to full definition ->

Coastal Barrier Resource Area (COBRA)

A flood prone area in which...

Go to full definition ->

Affiliated Group

When two or more...

Go to full definition ->

Guarantor

The legal entity and...

Go to full definition ->

Applicant/Co-Applicant

Business entity and person requesting...

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