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 Entity
The LLC, Partnership, Trust or Corporation 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.
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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SCORE
Counselors to America's Small Bus...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Days Payable
A measure of the average time a...
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Certificate of Competency
A certificate issued by the Small Bus...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Affiliates
Business concerns, organizations, or...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Small Disadvantaged Business Concern
A small business concern that...
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NAICS
NAICS codes are common...
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Equity
An accounting term used to...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Subcontract
A contract between a prime cont...
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Sole Proprietor
an individual who...
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