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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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Affiliated Group
When two or more distinct legal entities are affiliated.
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.
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.
Phase 2
Process to be used to determine economic injury for...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Affiliated Group
When two or more...
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Break-even Analysis
A calculation of the approximate sales...
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Subsidiary
A company for which a majority of the...
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Best and Final Offer
For negotiated procurements...
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Principal
the owner(s) of the Applicant Entity that...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Partnership
A type of unincorporated business org...
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Affiliate
Business concerns are affiliates if one concern...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Electronic Data Interchange
Transmission of information bet...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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