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
Business Activity
The business (or loss) activity of the applicant business prior to any consideration of affiliation.
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.
Contracting Officer
A person with the authority to...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Operating Leases
are deducted on the company’s...
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Contractor Team Arrangement
An arrangement in which...
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Negotiation
Contracting through the use of...
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Duplicated Interest
The amount of interest exp...
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Partnership
A type of unincorporated business org...
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B/E (Business EIDL) Loan
A business loan that...
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Collateral
Assets pledged by a borrower to secure a loan...
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Guarantor
The legal entity and...
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Current Liabilities
A balance sheet item, which...
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Mentor
A business, usually large, or...
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Sole Proprietor
an individual who...
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Phase 1
Process used to determine the...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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