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
Guarantor
The legal entity and/or person who guarantees an obligation and has a legal duty to fulfill it.
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.
Applicant Individual
aka who is requesting an SBA loan...
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GPM%
The measure of every sales dollar left...
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Request for Proposal (RFP)
A document outlining a...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Small Business
A business smaller than...
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Normal Gross Margin
The margin that would have been...
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Intermediary Organization
Organizations that play a funda...
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Trend Analysis
A comparative analysis of...
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Protégé
A firm in a developmental stage that...
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Applicant/Co-Applicant
Business entity and person requesting...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Certificate of Competency
A certificate issued by the Small Bus...
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Current Assets
A balance sheet item which equals...
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Applicant Entity
The business entity requesting...
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Amortization
A non-cash operating expense that...
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