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.
Hardship Waiver
Method used to approve a...
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Injury Analysis
Measures the effects of...
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Working Capital (WC)
The amount of current assets that...
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Assets
The amount of current assets that is left...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Phase 1
Process used to determine the...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Income Statement
Shows the entity’s income and...
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Sole Proprietor
an individual who...
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Liabilities
A financial obligation...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Negotiation
Contracting through the use of...
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Intermediary Organization
Organizations that play a funda...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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