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
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
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.
NAICS
NAICS codes are common...
Go to full definition ->
Request for Proposal (RFP)
A document outlining a...
Go to full definition ->
Companion File
When an applicant has another application filed...
Go to full definition ->
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Go to full definition ->
Partnering
A mutually beneficial business-to-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 ->
Hardship Waiver
Method used to approve a...
Go to full definition ->
Phase 2
Process to be used to determine economic injury for...
Go to full definition ->
Contracting
Purchasing, renting, leasing, or...
Go to full definition ->
Applicant/Co-Applicant
Business entity and person requesting...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Go to full definition ->
Physical Loans
Funds to repair/replace dis...
Go to full definition ->
Comparative Analysis
Is designed to point out significant trends that...
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
