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
Apply Online ->
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Glossary
SBA Terms
Source: SBA.gov
Applicant Individual
Individual requesting disaster loan assistance.
Updated on
September 8, 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.
Days Payable
A measure of the average time a...
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Assets
The amount of current assets that is left...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Phase 2
Process to be used to determine economic injury for...
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Request for Proposal (RFP)
A document outlining a...
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Mentor
A business, usually large, or...
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Small Disadvantaged Business Concern
A small business concern that...
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B/E (Business EIDL) Loan
A business loan that...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Injury Analysis
Measures the effects of...
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Comparative Analysis
Is designed to point out significant trends that...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Best and Final Offer
For negotiated procurements...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Current Assets
A balance sheet item which equals...
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