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
Applicant/Co-Applicant
The individual(s) or legal entity requesting disaster loan assistance.
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.
Income Statement
Shows the entity’s income and...
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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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Capital Leases
are for the purchase of fixed assets such as...
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Electronic Data Interchange
Transmission of information bet...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Assets
The amount of current assets that is left...
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Operating Leases
are deducted on the company’s...
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Partnership
A type of unincorporated business org...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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NAICS
NAICS codes are common...
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Cash-basis Accounting
records revenue when cash is...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Phase 2
Process to be used to determine economic injury for...
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Contracting Officer
A person with the authority to...
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