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.
Normal Gross Margin
The margin that would have been...
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Capital Leases
are for the purchase of fixed assets such as...
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Limited Partnership
A business organization with one or...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Business Activity
The business (or loss) activity of...
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Small Disadvantaged Business Concern
A small business concern that...
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Contractor Team Arrangement
An arrangement in which...
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Hardship Waiver
Method used to approve a...
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Fair and Reasonable Price
A price that is fair to both parties...
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Assets
The amount of current assets that is left...
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Guarantor
The legal entity and...
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Collateral
Assets pledged by a borrower to secure a loan...
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Cash-basis Accounting
records revenue when cash is...
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Contracting Officer
A person with the authority to...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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