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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Learn
How to Get an SBA Loan
Apply Online ->
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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.
Applicant Entity
The business entity requesting...
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Break-even Analysis
A calculation of the approximate sales...
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Normal Gross Margin
The margin that would have been...
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Cash Flow Test
Part of the CET that determines if...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Liabilities
A financial obligation...
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Applicant Individual
aka who is requesting an SBA loan...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Subsidiary
A company for which a majority of the...
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Credit Score Test
Part of the home loan CET show a...
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Small Business
A business smaller than...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Assets
The amount of current assets that is left...
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Current Assets
A balance sheet item which equals...
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