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.
Days Receivable
A measure of the average time a...
Go to full definition ->
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Go to full definition ->
Cash-basis Accounting
records revenue when cash is...
Go to full definition ->
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Go to full definition ->
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Go to full definition ->
Lien
A legal claim against an...
Go to full definition ->
Duplicated Interest
The amount of interest exp...
Go to full definition ->
Affiliate
Business concerns are affiliates if one concern...
Go to full definition ->
Business Activity
The business (or loss) activity of...
Go to full definition ->
Operating Leases
are deducted on the company’s...
Go to full definition ->
Credit Elsewhere Test (CET)
The test to determine the...
Go to full definition ->
Full and Open Competition
With respect to a contract action...
Go to full definition ->
Acquisition
The acquiring of supplies or...
Go to full definition ->
Contracting Officer
A person with the authority to...
Go to full definition ->
GPM%
The measure of every sales dollar left...
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
