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.

Operating Leases

are deducted on the company’s...

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Coastal Barrier Resource Area (COBRA)

A flood prone area in which...

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Physical Loans

Funds to repair/replace dis...

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Negotiation

Contracting through the use of...

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Standard Industrial Classification (SIC) Code

A code representing a category within...

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Acquisition

The acquiring of supplies or...

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Hardship Waiver

Method used to approve a...

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Available Asset Test

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

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Depreciation

A non-cash operating expense that...

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Cash-basis Accounting

records revenue when cash is...

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Phase 1

Process used to determine the...

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Injury Period

The time period during...

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Current Liabilities

A balance sheet item, which...

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Balance Sheet or Statement of Financial Position

Assets = Liabilities + Equity...

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Extraordinary Items

Additional expenses that are...

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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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