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.
Acquisition
The acquiring of supplies or...
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Contracting
Purchasing, renting, leasing, or...
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Small Disadvantaged Business Concern
A small business concern that...
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Trend Analysis
A comparative analysis of...
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Credit Elsewhere Test (CET)
The test to determine the...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Physical Loans
Funds to repair/replace dis...
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Assets
The amount of current assets that is left...
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Liabilities
A financial obligation...
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Days Receivable
A measure of the average time a...
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Break-even Analysis
A calculation of the approximate sales...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Subcontract
A contract between a prime cont...
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