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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Glossary
SBA Terms
Source: SBA.gov
Coastal Barrier Resource Area (COBRA)
A flood prone area in which the government prohibits financial disaster assistance.
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.
Capital Leases
are for the purchase of fixed assets such as...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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Applicant Entity
The business entity requesting...
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Income Statement
Shows the entity’s income and...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Corporation (C-corp.)
The most common form of business org...
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Request for Proposal (RFP)
A document outlining a...
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Intermediary Organization
Organizations that play a funda...
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SCORE
Counselors to America's Small Bus...
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Contracting
Purchasing, renting, leasing, or...
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Acquisition
The acquiring of supplies or...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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S-Corporation
A form of corporation, allowed by...
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Liabilities
A financial obligation...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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