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 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.
Applicant Entity
The business entity requesting...
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Subsidiary
A company for which a majority of the...
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Operating Leases
are deducted on the company’s...
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Assets
The amount of current assets that is left...
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Amortization
A non-cash operating expense that...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Partnering
A mutually beneficial business-to-bus...
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Certificate of Competency
A certificate issued by the Small Bus...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Protégé
A firm in a developmental stage that...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Collateral
Assets pledged by a borrower to secure a loan...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Break-even Analysis
A calculation of the approximate sales...
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