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 ->
Get Prequalified
Glossary
SBA Terms
Source: SBA.gov
Best and Final Offer
For negotiated procurements, a contractor's final offer following the conclusion of discussions.
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.
Affiliated Group
When two or more...
Go to full definition ->
Injury Analysis
Measures the effects of...
Go to full definition ->
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Go to full definition ->
Capital Leases
are for the purchase of fixed assets such as...
Go to full definition ->
Comparative Analysis
Is designed to point out significant trends that...
Go to full definition ->
Contracting Officer
A person with the authority to...
Go to full definition ->
Certified 8(a) Firm
A firm owned and operated by socially and...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Go to full definition ->
Partnering
A mutually beneficial business-to-bus...
Go to full definition ->
B/E (Business EIDL) Loan
A business loan that...
Go to full definition ->
S-Corporation
A form of corporation, allowed by...
Go to full definition ->
Affiliate
Business concerns are affiliates if one concern...
Go to full definition ->
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Go to full definition ->
Standard Industrial Classification (SIC) Code
A code representing a category within...
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
