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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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.
Prime Contract
A contract awarded directly...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Applicant Individual
aka who is requesting an SBA loan...
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Normal Annual Sales
Those sales that would have...
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Lien
A legal claim against an...
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Comparative Analysis
Is designed to point out significant trends that...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Applicant Entity
The business entity requesting...
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Acquisition
The acquiring of supplies or...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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GPM%
The measure of every sales dollar left...
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Electronic Data Interchange
Transmission of information bet...
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Partnership
A type of unincorporated business org...
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Break-even Analysis
A calculation of the approximate sales...
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Credit Score Test
Part of the home loan CET show a...
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