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.
Defense Contractor
Any person who enters into...
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Guarantor
The legal entity and...
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Normal Gross Margin
The margin that would have been...
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Trend Analysis
A comparative analysis of...
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Amortization
A non-cash operating expense that...
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Intermediary Organization
Organizations that play a funda...
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Affiliate
Business concerns are affiliates if one concern...
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Cash Flow Test
Part of the CET that determines if...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Contract
A mutually binding legal rel..
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Extraordinary Items
Additional expenses that are...
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Working Capital (WC)
The amount of current assets that...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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