Available Asset Test

Part of the CET that determines if an applicant(s) has sufficient assets to borrow private sector funds to repair/replace uncompensated disaster damages without incurring undue hardship. (Certain exclusions apply.)

Updated on
September 8, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Acquisition
The acquiring of supplies or...
GPM%
The measure of every sales dollar left...
Cash Flow Test
Part of the CET that determines if...
Intermediary Organization
Organizations that play a funda...
Subsidiary
A company for which a majority of the...
Extraordinary Items
Additional expenses that are...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Applicant/Co-Applicant
Business entity and person requesting...
Duplicated Interest
The amount of interest exp...
Business Activity
The business (or loss) activity of...
Hardship Waiver
Method used to approve a...
Contracting
Purchasing, renting, leasing, or...
Best and Final Offer
For negotiated procurements...
Affiliates
Business concerns, organizations, or...
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...

Get the quick rundown on SBA Loans

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