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 ->
Learn
How to Get an SBA Loan
Apply Online ->
Apply Online ->
Apply Online ->
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
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.
Corporation (C-corp.)
The most common form of business org...
Go to full definition ->
Projection
An estimate of future economic or...
Go to full definition ->
Assets
The amount of current assets that is left...
Go to full definition ->
SCORE
Counselors to America's Small Bus...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Subsidiary
A company for which a majority of the...
Go to full definition ->
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Go to full definition ->
Principal
the owner(s) of the Applicant Entity that...
Go to full definition ->
Small Business
A business smaller than...
Go to full definition ->
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
Request for Proposal (RFP)
A document outlining a...
Go to full definition ->
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Go to full definition ->
Adjusted Net Worth
Post disaster fair market value of tangible...
Go to full definition ->
Substantial Damage
This means uninsured or otherwise uncompensated...
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
