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
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.
P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Corporation (C-corp.)
The most common form of business org...
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Emerging Small Business
A small business concern whose...
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Applicant Individual
aka who is requesting an SBA loan...
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Request for Proposal (RFP)
A document outlining a...
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Capital Leases
are for the purchase of fixed assets such as...
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NAICS
NAICS codes are common...
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Break-even Analysis
A calculation of the approximate sales...
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Injury Analysis
Measures the effects of...
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Duplicated Interest
The amount of interest exp...
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Depreciation
A non-cash operating expense that...
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Business Activity
The business (or loss) activity of...
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Subcontract
A contract between a prime cont...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Partnering
A mutually beneficial business-to-bus...
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