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.
Injury Period
The time period during...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Injury Analysis
Measures the effects of...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Protégé
A firm in a developmental stage that...
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Collateral
Assets pledged by a borrower to secure a loan...
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Contracting Officer
A person with the authority to...
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Prime Contract
A contract awarded directly...
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Contracting
Purchasing, renting, leasing, or...
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Working Capital (WC)
The amount of current assets that...
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Normal Annual Sales
Those sales that would have...
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Credit Score Test
Part of the home loan CET show a...
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GPM%
The measure of every sales dollar left...
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Primary Activity
The major business activity of...
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Principal
the owner(s) of the Applicant Entity that...
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