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
Injury Period
The time period during which the business feels the adverse effects of the disaster.
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.
Mentor
A business, usually large, or...
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Contract
A mutually binding legal rel..
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Intermediary Organization
Organizations that play a funda...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Applicant/Co-Applicant
Business entity and person requesting...
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Partnership
A type of unincorporated business org...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Phase 1
Process used to determine the...
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Trend Analysis
A comparative analysis of...
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Assets
The amount of current assets that is left...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Current Assets
A balance sheet item which equals...
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Corporation (C-corp.)
The most common form of business org...
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