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.
Acquisition
The acquiring of supplies or...
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Primary Activity
The major business activity of...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Contract
A mutually binding legal rel..
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Negotiation
Contracting through the use of...
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Normal Annual Sales
Those sales that would have...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Projection
An estimate of future economic or...
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Affiliate
Business concerns are affiliates if one concern...
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Certificate of Competency
A certificate issued by the Small Bus...
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Small Business
A business smaller than...
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Business Activity
The business (or loss) activity of...
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Comparative Analysis
Is designed to point out significant trends that...
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