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.
Days Receivable
A measure of the average time a...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Partnering
A mutually beneficial business-to-bus...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Contracting Officer
A person with the authority to...
Business Activity
The business (or loss) activity of...
Injury Analysis
Measures the effects of...
Mentor
A business, usually large, or...
Request for Proposal (RFP)
A document outlining a...
B/E (Business EIDL) Loan
A business loan that...
Cash Flow Test
Part of the CET that determines if...
Applicant/Co-Applicant
Business entity and person requesting...
GPM%
The measure of every sales dollar left...
Amortization
A non-cash operating expense that...
Available Asset Test
Part of the CET that determines if an applicant(s) has...

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