Cash Flow Test

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

Updated on
September 9, 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.
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Mentor
A business, usually large, or...
Credit Elsewhere Test (CET)
The test to determine the...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Affiliate
Business concerns are affiliates if one concern...
Contractor Team Arrangement
An arrangement in which...
Primary Activity
The major business activity of...
Comparative Analysis
Is designed to point out significant trends that...
Affiliates
Business concerns, organizations, or...
Request for Proposal (RFP)
A document outlining a...
Full and Open Competition
With respect to a contract action...
Assets
The amount of current assets that is left...
Standard Industrial Classification (SIC) Code
A code representing a category within...
Principal
the owner(s) of the Applicant Entity that...

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