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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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Current Liabilities
A balance sheet item, which equals the sum of all money owed by a company and due within one year.
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.
Contractor Team Arrangement
An arrangement in which...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Defense Contractor
Any person who enters into...
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Cash Flow Test
Part of the CET that determines if...
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Electronic Data Interchange
Transmission of information bet...
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Working Capital (WC)
The amount of current assets that...
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Full and Open Competition
With respect to a contract action...
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Collateral
Assets pledged by a borrower to secure a loan...
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Break-even Analysis
A calculation of the approximate sales...
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Best and Final Offer
For negotiated procurements...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Business Activity
The business (or loss) activity of...
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Phase 2
Process to be used to determine economic injury for...
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