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
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
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.
Projection
An estimate of future economic or...
Go to full definition ->
Applicant/Co-Applicant
Business entity and person requesting...
Go to full definition ->
Joint Venture
In the SBA Mentor-Protégé Program...
Go to full definition ->
SCORE
Counselors to America's Small Bus...
Go to full definition ->
Affiliate
Business concerns are affiliates if one concern...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Go to full definition ->
Intermediary Organization
Organizations that play a funda...
Go to full definition ->
Collateral
Assets pledged by a borrower to secure a loan...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
Comparative Analysis
Is designed to point out significant trends that...
Go to full definition ->
Primary Activity
The major business activity of...
Go to full definition ->
Corporation (C-corp.)
The most common form of business org...
Go to full definition ->
Current Assets
A balance sheet item which equals...
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
