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
Duplicated Interest
The amount of interest expensed that is added back to cash flow to prevent understating CASAD.
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.
Phase 2
Process to be used to determine economic injury for...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Injury Period
The time period during...
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Contracting Officer
A person with the authority to...
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Companion File
When an applicant has another application filed...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Cash Flow Test
Part of the CET that determines if...
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Partnering
A mutually beneficial business-to-bus...
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Credit Elsewhere Test (CET)
The test to determine the...
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Negotiation
Contracting through the use of...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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NAICS
NAICS codes are common...
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Extraordinary Items
Additional expenses that are...
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Small Business
A business smaller than...
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