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.
Contract
A mutually binding legal rel..
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Credit Score Test
Part of the home loan CET show a...
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Break-even Analysis
A calculation of the approximate sales...
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Assets
The amount of current assets that is left...
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Contracting
Purchasing, renting, leasing, or...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Sole Proprietor
an individual who...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Equity
An accounting term used to...
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Phase 2
Process to be used to determine economic injury for...
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GPM%
The measure of every sales dollar left...
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Current Assets
A balance sheet item which equals...
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Lien
A legal claim against an...
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Companion File
When an applicant has another application filed...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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