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 Entity
The LLC, Partnership, Trust or Corporation 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.
Injury Analysis
Measures the effects of...
Go to full definition ->
Certificate of Competency
A certificate issued by the Small Bus...
Go to full definition ->
Capital Leases
are for the purchase of fixed assets such as...
Go to full definition ->
Collateral
Assets pledged by a borrower to secure a loan...
Go to full definition ->
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Go to full definition ->
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Go to full definition ->
Sole Proprietor
an individual who...
Go to full definition ->
Fair and Reasonable Price
A price that is fair to both parties...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
Contracting Officer
A person with the authority to...
Go to full definition ->
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Go to full definition ->
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Go to full definition ->
Depreciation
A non-cash operating expense that...
Go to full definition ->
Schedule of Liabilities
A business debt schedule that lists all of the debts...
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
