Loan Types
SBA Loan Types
Learn more about each type of SBA loan
7(a) SBA Loans ->
504 SBA Loans ->
SBA Microloans ->
SBA Disaster Loans ->
Loan Purposes
SBA Loan Purposes
Here are 4 popular ways SBA loans are used
Buy a new business ->
Buy or refinance real estate ->
Enhance a current business ->
Refinance existing debt ->
FAQs
What is an SBA 7a loan?
What is a 504 loan?
What is a Microloan?
What are SBA loan rates?
Explore the FAQs page ->
Latest SBA Loan Rates ->
NEW: SBA Glossary ->
Get Prequalified
Glossary
SBA Terms
Source: SBA.gov
Adjusted Net Worth
Post disaster fair market value of tangible assets, less liabilities, within certain restrictions.
Updated on
September 8, 2022
Published on
June 20, 2018
Apply Here
SBA 7a Loans
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
Explore 7a loans
SBA 504 Loans
SBA 504 loans
are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
Explore 504 loans
SBA Microloans
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
Explore microloans
SBA Glossary
Common SBA Terms
Everything you need to know about common terms used to discuss SBA Loans.
Sole Proprietor
an individual who...
Go to full definition ->
Contracting
Purchasing, renting, leasing, or...
Go to full definition ->
Cash Flow Test
Part of the CET that determines if...
Go to full definition ->
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Go to full definition ->
Projection
An estimate of future economic or...
Go to full definition ->
Credit Score Test
Part of the home loan CET show a...
Go to full definition ->
Current Liabilities
A balance sheet item, which...
Go to full definition ->
Normal Annual Sales
Those sales that would have...
Go to full definition ->
Partnership
A type of unincorporated business org...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
Phase 1
Process used to determine the...
Go to full definition ->
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Go to full definition ->
Injury Analysis
Measures the effects of...
Go to full definition ->
Capital Leases
are for the purchase of fixed assets such as...
Go to full definition ->
Hardship Waiver
Method used to approve a...
Go to full definition ->
Get the quick rundown on SBA Loans
Join over 4,000+ small business owners already growing with us.
How it Works
