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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Glossary
SBA Terms
Source: SBA.gov
Extraordinary Items
Additional expenses that are outside “normal” operations and caused directly by the disaster.
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.
Principal
the owner(s) of the Applicant Entity that...
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Protégé
A firm in a developmental stage that...
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Primary Activity
The major business activity of...
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Collateral
Assets pledged by a borrower to secure a loan...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Full and Open Competition
With respect to a contract action...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Extraordinary Items
Additional expenses that are...
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S-Corporation
A form of corporation, allowed by...
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Liabilities
A financial obligation...
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SCORE
Counselors to America's Small Bus...
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Current Liabilities
A balance sheet item, which...
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Trend Analysis
A comparative analysis of...
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