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
Prime Contract
A contract awarded directly by the Federal government.
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.
Contracting Officer
A person with the authority to...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Collateral
Assets pledged by a borrower to secure a loan...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Cash-basis Accounting
records revenue when cash is...
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Small Disadvantaged Business Concern
A small business concern that...
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Affiliated Group
When two or more...
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Fair and Reasonable Price
A price that is fair to both parties...
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Income Statement
Shows the entity’s income and...
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Subcontract
A contract between a prime cont...
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Break-even Analysis
A calculation of the approximate sales...
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Subsidiary
A company for which a majority of the...
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Intermediary Organization
Organizations that play a funda...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Injury Period
The time period during...
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