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
Best and Final Offer
For negotiated procurements, a contractor's final offer following the conclusion of discussions.
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.
Comparative Analysis
Is designed to point out significant trends that...
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Days Payable
A measure of the average time a...
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Contracting
Purchasing, renting, leasing, or...
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Break-even Analysis
A calculation of the approximate sales...
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Substantial Damage
This means uninsured or otherwise uncompensated...
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Projection
An estimate of future economic or...
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Operating Leases
are deducted on the company’s...
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Collateral
Assets pledged by a borrower to secure a loan...
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Partnership
A type of unincorporated business org...
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Best and Final Offer
For negotiated procurements...
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Contractor Team Arrangement
An arrangement in which...
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Current Liabilities
A balance sheet item, which...
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Physical Loans
Funds to repair/replace dis...
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Phase 2
Process to be used to determine economic injury for...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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