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.
Cash-basis Accounting
records revenue when cash is...
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Credit Score Test
Part of the home loan CET show a...
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Affiliated Group
When two or more...
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Limited Partnership
A business organization with one or...
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Request for Proposal (RFP)
A document outlining a...
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Primary Activity
The major business activity of...
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Electronic Data Interchange
Transmission of information bet...
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Substantial Damage
This means uninsured or otherwise uncompensated...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Applicant Entity
The business entity requesting...
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Emerging Small Business
A small business concern whose...
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Small Disadvantaged Business Concern
A small business concern that...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Current Assets
A balance sheet item which equals...
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Partnering
A mutually beneficial business-to-bus...
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