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
Applicant/Co-Applicant
The individual(s) or legal entity requesting disaster loan assistance.
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.
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Corporation (C-corp.)
The most common form of business org...
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Break-even Analysis
A calculation of the approximate sales...
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Affiliate
Business concerns are affiliates if one concern...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Certificate of Competency
A certificate issued by the Small Bus...
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Defense Contractor
Any person who enters into...
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Affiliates
Business concerns, organizations, or...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Days Receivable
A measure of the average time a...
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Contractor Team Arrangement
An arrangement in which...
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Subcontract
A contract between a prime cont...
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Days Payable
A measure of the average time a...
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B/E (Business EIDL) Loan
A business loan that...
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Contracting Officer
A person with the authority to...
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