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?
Explore the FAQs page ->
Latest SBA Loan Rates ->
NEW: SBA Glossary ->
Apply Online ->
Apply Online ->
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
Apply Here
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...
Go to full definition ->
NAICS
NAICS codes are common...
Go to full definition ->
Cash Flow Test
Part of the CET that determines if...
Go to full definition ->
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Companion File
When an applicant has another application filed...
Go to full definition ->
Small Disadvantaged Business Concern
A small business concern that...
Go to full definition ->
Best and Final Offer
For negotiated procurements...
Go to full definition ->
Income Statement
Shows the entity’s income and...
Go to full definition ->
Normal Annual Sales
Those sales that would have...
Go to full definition ->
Certified 8(a) Firm
A firm owned and operated by socially and...
Go to full definition ->
Depreciation
A non-cash operating expense that...
Go to full definition ->
Business Activity
The business (or loss) activity of...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
Primary Activity
The major business activity of...
Go to full definition ->
Get the quick rundown on SBA Loans
Join over 4,000+ small business owners already growing with us.
How it Works
