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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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B/E (Business EIDL) Loan
A business loan that...
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Intermediary Organization
Organizations that play a funda...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Acquisition
The acquiring of supplies or...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Request for Proposal (RFP)
A document outlining a...
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Full and Open Competition
With respect to a contract action...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Contract
A mutually binding legal rel..
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Phase 1
Process used to determine the...
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Lien
A legal claim against an...
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NAICS
NAICS codes are common...
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