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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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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Operating Leases
are deducted on the company’s...
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B/E (Business EIDL) Loan
A business loan that...
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Applicant Individual
aka who is requesting an SBA loan...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Equity
An accounting term used to...
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Collateral
Assets pledged by a borrower to secure a loan...
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Cash-basis Accounting
records revenue when cash is...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Affiliate
Business concerns are affiliates if one concern...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Credit Score Test
Part of the home loan CET show a...
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Break-even Analysis
A calculation of the approximate sales...
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Affiliates
Business concerns, organizations, or...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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