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 ->
NEW: SBA Glossary ->
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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.
Normal Gross Margin
The margin that would have been...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Principal
the owner(s) of the Applicant Entity that...
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Cash Flow Test
Part of the CET that determines if...
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Duplicated Interest
The amount of interest exp...
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Injury Analysis
Measures the effects of...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Request for Proposal (RFP)
A document outlining a...
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Capital Leases
are for the purchase of fixed assets such as...
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Contracting Officer
A person with the authority to...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Equity
An accounting term used to...
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Injury Period
The time period during...
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