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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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.
Current Liabilities
A balance sheet item, which...
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Days Payable
A measure of the average time a...
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Applicant Entity
The business entity requesting...
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Sole Proprietor
an individual who...
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Defense Contractor
Any person who enters into...
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Physical Loans
Funds to repair/replace dis...
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Negotiation
Contracting through the use of...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Fair and Reasonable Price
A price that is fair to both parties...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Acquisition
The acquiring of supplies or...
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Hardship Waiver
Method used to approve a...
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Normal Gross Margin
The margin that would have been...
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Guarantor
The legal entity and...
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Duplicated Interest
The amount of interest exp...
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