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
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
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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.
Standard Industrial Classification (SIC) Code
A code representing a category within...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Assets
The amount of current assets that is left...
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Break-even Analysis
A calculation of the approximate sales...
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Working Capital (WC)
The amount of current assets that...
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Phase 1
Process used to determine the...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Current Assets
A balance sheet item which equals...
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Contractor Team Arrangement
An arrangement in which...
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Credit Elsewhere Test (CET)
The test to determine the...
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Companion File
When an applicant has another application filed...
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Injury Analysis
Measures the effects of...
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Cash-basis Accounting
records revenue when cash is...
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Projection
An estimate of future economic or...
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Principal
the owner(s) of the Applicant Entity that...
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