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
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
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.
Injury Analysis
Measures the effects of...
Go to full definition ->
Full and Open Competition
With respect to a contract action...
Go to full definition ->
Defense Contractor
Any person who enters into...
Go to full definition ->
Certificate of Competency
A certificate issued by the Small Bus...
Go to full definition ->
Collateral
Assets pledged by a borrower to secure a loan...
Go to full definition ->
Negotiation
Contracting through the use of...
Go to full definition ->
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Go to full definition ->
Credit Elsewhere Test (CET)
The test to determine the...
Go to full definition ->
Primary Activity
The major business activity of...
Go to full definition ->
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Go to full definition ->
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Go to full definition ->
Projection
An estimate of future economic or...
Go to full definition ->
Mentor
A business, usually large, or...
Go to full definition ->
Prime Contract
A contract awarded directly...
Go to full definition ->
NAICS
NAICS codes are common...
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
