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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Glossary
SBA Terms
Source: SBA.gov
Injury Analysis
Measures the effects of the disaster on the overall financial condition of the business.
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.
Subcontract
A contract between a prime cont...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Affiliate
Business concerns are affiliates if one concern...
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Contractor Team Arrangement
An arrangement in which...
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Depreciation
A non-cash operating expense that...
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Sole Proprietor
an individual who...
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Guarantor
The legal entity and...
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Protégé
A firm in a developmental stage that...
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Days Receivable
A measure of the average time a...
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Substantial Damage
This means uninsured or otherwise uncompensated...
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Normal Annual Sales
Those sales that would have...
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Collateral
Assets pledged by a borrower to secure a loan...
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Trend Analysis
A comparative analysis of...
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Fair and Reasonable Price
A price that is fair to both parties...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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