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 ->
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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.
Equity
An accounting term used to...
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Projection
An estimate of future economic or...
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Electronic Data Interchange
Transmission of information bet...
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Contracting Officer
A person with the authority to...
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Credit Elsewhere Test (CET)
The test to determine the...
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Mentor
A business, usually large, or...
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Liabilities
A financial obligation...
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Small Disadvantaged Business Concern
A small business concern that...
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Physical Loans
Funds to repair/replace dis...
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Trend Analysis
A comparative analysis of...
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Normal Annual Sales
Those sales that would have...
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Contractor Team Arrangement
An arrangement in which...
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S-Corporation
A form of corporation, allowed by...
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Comparative Analysis
Is designed to point out significant trends that...
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Emerging Small Business
A small business concern whose...
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