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.
Affiliated Group
When two or more...
Go to full definition ->
Certified 8(a) Firm
A firm owned and operated by socially and...
Go to full definition ->
Contracting
Purchasing, renting, leasing, or...
Go to full definition ->
Applicant/Co-Applicant
Business entity and person requesting...
Go to full definition ->
Certificate of Competency
A certificate issued by the Small Bus...
Go to full definition ->
Hardship Waiver
Method used to approve a...
Go to full definition ->
Injury Analysis
Measures the effects of...
Go to full definition ->
Subsidiary
A company for which a majority of the...
Go to full definition ->
Partnership
A type of unincorporated business org...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Small Business
A business smaller than...
Go to full definition ->
Liabilities
A financial obligation...
Go to full definition ->
Affiliate
Business concerns are affiliates if one concern...
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
