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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How to Get an SBA Loan
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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.
Liabilities
A financial obligation...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Certificate of Competency
A certificate issued by the Small Bus...
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Defense Contractor
Any person who enters into...
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Normal Gross Margin
The margin that would have been...
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Partnering
A mutually beneficial business-to-bus...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Amortization
A non-cash operating expense that...
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Extraordinary Items
Additional expenses that are...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Duplicated Interest
The amount of interest exp...
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Electronic Data Interchange
Transmission of information bet...
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NAICS
NAICS codes are common...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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