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
Business Activity
The business (or loss) activity of the applicant business prior to any consideration of affiliation.
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.
Operating Leases
are deducted on the company’s...
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Negotiation
Contracting through the use of...
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Applicant Entity
The business entity requesting...
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Phase 1
Process used to determine the...
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Days Payable
A measure of the average time a...
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Prime Contract
A contract awarded directly...
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Contracting Officer
A person with the authority to...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Extraordinary Items
Additional expenses that are...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Request for Proposal (RFP)
A document outlining a...
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SCORE
Counselors to America's Small Bus...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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