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?
Explore the FAQs page ->
Latest SBA Loan Rates ->
NEW: SBA Glossary ->
Apply Online ->
Apply Online ->
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
Apply Here
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.
Applicant Individual
aka who is requesting an SBA loan...
Go to full definition ->
Subcontract
A contract between a prime cont...
Go to full definition ->
Prime Contract
A contract awarded directly...
Go to full definition ->
Emerging Small Business
A small business concern whose...
Go to full definition ->
Normal Annual Sales
Those sales that would have...
Go to full definition ->
Certificate of Competency
A certificate issued by the Small Bus...
Go to full definition ->
Primary Activity
The major business activity of...
Go to full definition ->
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Go to full definition ->
Collateral
Assets pledged by a borrower to secure a loan...
Go to full definition ->
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Go to full definition ->
Mentor
A business, usually large, or...
Go to full definition ->
Credit Score Test
Part of the home loan CET show a...
Go to full definition ->
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Go to full definition ->
NAICS
NAICS codes are common...
Go to full definition ->
Negotiation
Contracting through the use of...
Go to full definition ->
Get the quick rundown on SBA Loans
Join over 4,000+ small business owners already growing with us.
How it Works
