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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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.
Full and Open Competition
With respect to a contract action...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Liabilities
A financial obligation...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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NAICS
NAICS codes are common...
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Projection
An estimate of future economic or...
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Corporation (C-corp.)
The most common form of business org...
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Intermediary Organization
Organizations that play a funda...
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Partnership
A type of unincorporated business org...
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Protégé
A firm in a developmental stage that...
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Equity
An accounting term used to...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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SCORE
Counselors to America's Small Bus...
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Extraordinary Items
Additional expenses that are...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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