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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How to Get an SBA Loan
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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.
Electronic Data Interchange
Transmission of information bet...
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Protégé
A firm in a developmental stage that...
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Subsidiary
A company for which a majority of the...
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Normal Annual Sales
Those sales that would have...
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Acquisition
The acquiring of supplies or...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Fair and Reasonable Price
A price that is fair to both parties...
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Affiliates
Business concerns, organizations, or...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Partnership
A type of unincorporated business org...
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Negotiation
Contracting through the use of...
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Days Receivable
A measure of the average time a...
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Corporation (C-corp.)
The most common form of business org...
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Companion File
When an applicant has another application filed...
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Working Capital (WC)
The amount of current assets that...
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