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?
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Latest SBA Loan Rates ->
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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
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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.
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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Prime Contract
A contract awarded directly...
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Credit Score Test
Part of the home loan CET show a...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Days Receivable
A measure of the average time a...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Credit Elsewhere Test (CET)
The test to determine the...
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S-Corporation
A form of corporation, allowed by...
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Emerging Small Business
A small business concern whose...
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Liabilities
A financial obligation...
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Injury Period
The time period during...
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Capital Leases
are for the purchase of fixed assets such as...
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Break-even Analysis
A calculation of the approximate sales...
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Fair and Reasonable Price
A price that is fair to both parties...
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