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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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.
Affiliated Group
When two or more...
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Negotiation
Contracting through the use of...
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Projection
An estimate of future economic or...
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Operating Leases
are deducted on the company’s...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Subsidiary
A company for which a majority of the...
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Hardship Waiver
Method used to approve a...
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Depreciation
A non-cash operating expense that...
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Phase 2
Process to be used to determine economic injury for...
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Affiliates
Business concerns, organizations, or...
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Amortization
A non-cash operating expense that...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Lien
A legal claim against an...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Comparative Analysis
Is designed to point out significant trends that...
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