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
Applicant/Co-Applicant
The individual(s) or legal entity requesting disaster loan assistance.
Updated on
September 9, 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.
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Go to full definition ->
Primary Activity
The major business activity of...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Subsidiary
A company for which a majority of the...
Go to full definition ->
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Go to full definition ->
Affiliate
Business concerns are affiliates if one concern...
Go to full definition ->
S-Corporation
A form of corporation, allowed by...
Go to full definition ->
Partnership
A type of unincorporated business org...
Go to full definition ->
Applicant Individual
aka who is requesting an SBA loan...
Go to full definition ->
Small Disadvantaged Business Concern
A small business concern that...
Go to full definition ->
Hardship Waiver
Method used to approve a...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
Affiliated Group
When two or more...
Go to full definition ->
Break-even Analysis
A calculation of the approximate sales...
Go to full definition ->
Comparative Analysis
Is designed to point out significant trends that...
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
