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
NAICS
North American Industrial Classification System
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.
Hardship Waiver
Method used to approve a...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Negotiation
Contracting through the use of...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Equity
An accounting term used to...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Subsidiary
A company for which a majority of the...
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Days Receivable
A measure of the average time a...
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Current Liabilities
A balance sheet item, which...
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Certificate of Competency
A certificate issued by the Small Bus...
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Contractor Team Arrangement
An arrangement in which...
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Physical Loans
Funds to repair/replace dis...
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S-Corporation
A form of corporation, allowed by...
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Phase 1
Process used to determine the...
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Applicant Individual
aka who is requesting an SBA loan...
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