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.

Electronic Data Interchange

Transmission of information bet...

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Capital Leases

are for the purchase of fixed assets such as...

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Applicant Entity

The business entity requesting...

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DBA

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

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Extraordinary Items

Additional expenses that are...

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Small Business

A business smaller than...

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Working Capital (WC)

The amount of current assets that...

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Small Disadvantaged Business Concern

A small business concern that...

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P&L (Profit and Loss Statement)

also considered as Income Statement or...

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Days Payable

A measure of the average time a...

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Cash Flow Test

Part of the CET that determines if...

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Equity

An accounting term used to...

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Contract

A mutually binding legal rel..

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Intermediary Organization

Organizations that play a funda...

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Physical Loans

Funds to repair/replace dis...

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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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