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
Income Statement
Shows the entity’s income and expenses. (similar to a Profit & Loss Statement)
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.
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Contractor Team Arrangement
An arrangement in which...
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Principal
the owner(s) of the Applicant Entity that...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Request for Proposal (RFP)
A document outlining a...
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Applicant Entity
The business entity requesting...
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Business Activity
The business (or loss) activity of...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Applicant Individual
aka who is requesting an SBA loan...
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Guarantor
The legal entity and...
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Normal Gross Margin
The margin that would have been...
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Projection
An estimate of future economic or...
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Trend Analysis
A comparative analysis of...
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Full and Open Competition
With respect to a contract action...
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Fair and Reasonable Price
A price that is fair to both parties...
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