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?
Explore the FAQs page ->
Latest SBA Loan Rates ->
NEW: SBA Glossary ->
Apply Online ->
Apply Online ->
Glossary
SBA Terms
Source: SBA.gov
Applicant Individual
Individual requesting disaster loan assistance.
Updated on
September 8, 2022
Published on
June 20, 2018
Apply Here
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...
Go to full definition ->
Business Activity
The business (or loss) activity of...
Go to full definition ->
Certified 8(a) Firm
A firm owned and operated by socially and...
Go to full definition ->
Physical Loans
Funds to repair/replace dis...
Go to full definition ->
Companion File
When an applicant has another application filed...
Go to full definition ->
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Go to full definition ->
NAICS
NAICS codes are common...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Break-even Analysis
A calculation of the approximate sales...
Go to full definition ->
Request for Proposal (RFP)
A document outlining a...
Go to full definition ->
Cash Flow Test
Part of the CET that determines if...
Go to full definition ->
Trend Analysis
A comparative analysis of...
Go to full definition ->
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Go to full definition ->
S-Corporation
A form of corporation, allowed by...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Get the quick rundown on SBA Loans
Join over 4,000+ small business owners already growing with us.
How it Works
