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
Cash-basis Accounting
records revenue when cash is received, and expenses when they are paid in cash
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.
Limited Partnership
A business organization with one or...
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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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Assets
The amount of current assets that is left...
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Contract
A mutually binding legal rel..
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Current Liabilities
A balance sheet item, which...
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Guarantor
The legal entity and...
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Corporation (C-corp.)
The most common form of business org...
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Income Statement
Shows the entity’s income and...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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SCORE
Counselors to America's Small Bus...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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GPM%
The measure of every sales dollar left...
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Applicant/Co-Applicant
Business entity and person requesting...
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