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?
Explore the FAQs page ->
Latest SBA Loan Rates ->
NEW: SBA Glossary ->
Apply Online ->
Apply Online ->
Glossary
SBA Terms
Source: SBA.gov
Adjusted Net Worth
Post disaster fair market value of tangible assets, less liabilities, within certain restrictions.
Updated on
September 8, 2022
Published on
June 20, 2018
Apply Here
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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Go to full definition ->
Adjusted Net Worth
Post disaster fair market value of tangible...
Go to full definition ->
Certificate of Competency
A certificate issued by the Small Bus...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Best and Final Offer
For negotiated procurements...
Go to full definition ->
Phase 1
Process used to determine the...
Go to full definition ->
Days Payable
A measure of the average time a...
Go to full definition ->
Partnering
A mutually beneficial business-to-bus...
Go to full definition ->
Applicant/Co-Applicant
Business entity and person requesting...
Go to full definition ->
Principal
the owner(s) of the Applicant Entity that...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Phase 2
Process to be used to determine economic injury for...
Go to full definition ->
Applicant Individual
aka who is requesting an SBA loan...
Go to full definition ->
Prime Contract
A contract awarded directly...
Go to full definition ->
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Go to full definition ->
Get the quick rundown on SBA Loans
Join over 4,000+ small business owners already growing with us.
How it Works
