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
Working Capital (WC)
The amount of current assets that is left after all current debts are paid.
Updated on
September 8, 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.
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Applicant/Co-Applicant
Business entity and person requesting...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Operating Leases
are deducted on the company’s...
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Income Statement
Shows the entity’s income and...
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Contractor Team Arrangement
An arrangement in which...
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Current Assets
A balance sheet item which equals...
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Principal
the owner(s) of the Applicant Entity that...
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Intermediary Organization
Organizations that play a funda...
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Current Liabilities
A balance sheet item, which...
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Trend Analysis
A comparative analysis of...
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S-Corporation
A form of corporation, allowed by...
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