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
Sole Proprietor
an individual who owns an unincorporated business by himself/ or herself.
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.
Negotiation
Contracting through the use of...
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Lien
A legal claim against an...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Sole Proprietor
an individual who...
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Assets
The amount of current assets that is left...
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Protégé
A firm in a developmental stage that...
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Contracting
Purchasing, renting, leasing, or...
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Defense Contractor
Any person who enters into...
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Emerging Small Business
A small business concern whose...
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Operating Leases
are deducted on the company’s...
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Affiliate
Business concerns are affiliates if one concern...
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Prime Contract
A contract awarded directly...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Amortization
A non-cash operating expense that...
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