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 ->
Apply Online ->
Apply Online ->
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
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.
Subcontract
A contract between a prime cont...
Go to full definition ->
Applicant Entity
The business entity requesting...
Go to full definition ->
Certified 8(a) Firm
A firm owned and operated by socially and...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
Equity
An accounting term used to...
Go to full definition ->
Prime Contract
A contract awarded directly...
Go to full definition ->
Credit Elsewhere Test (CET)
The test to determine the...
Go to full definition ->
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Go to full definition ->
Injury Analysis
Measures the effects of...
Go to full definition ->
Mentor
A business, usually large, or...
Go to full definition ->
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Go to full definition ->
Capital Leases
are for the purchase of fixed assets such as...
Go to full definition ->
Credit Score Test
Part of the home loan CET show a...
Go to full definition ->
Intermediary Organization
Organizations that play a funda...
Go to full definition ->
S-Corporation
A form of corporation, allowed by...
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
