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 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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Break-even Analysis
A calculation of the approximate sales...
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Comparative Analysis
Is designed to point out significant trends that...
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Credit Score Test
Part of the home loan CET show a...
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Applicant Individual
aka who is requesting an SBA loan...
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Applicant Entity
The business entity requesting...
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Extraordinary Items
Additional expenses that are...
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Certificate of Competency
A certificate issued by the Small Bus...
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Days Receivable
A measure of the average time a...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Hardship Waiver
Method used to approve a...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Best and Final Offer
For negotiated procurements...
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Small Disadvantaged Business Concern
A small business concern that...
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