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
Cash-basis Accounting
records revenue when cash is received, and expenses when they are paid in cash
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.
Equity
An accounting term used to...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Small Business
A business smaller than...
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Standard Industrial Classification (SIC) Code
A code representing a category within...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Amortization
A non-cash operating expense that...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Current Assets
A balance sheet item which equals...
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Cash-basis Accounting
records revenue when cash is...
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Limited Partnership
A business organization with one or...
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Comparative Analysis
Is designed to point out significant trends that...
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Small Disadvantaged Business Concern
A small business concern that...
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Phase 2
Process to be used to determine economic injury for...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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