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
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
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.
Contract
A mutually binding legal rel..
Go to full definition ->
Corporation (C-corp.)
The most common form of business org...
Go to full definition ->
Intermediary Organization
Organizations that play a funda...
Go to full definition ->
Certified 8(a) Firm
A firm owned and operated by socially and...
Go to full definition ->
Liabilities
A financial obligation...
Go to full definition ->
Cash Flow Test
Part of the CET that determines if...
Go to full definition ->
Affiliated Group
When two or more...
Go to full definition ->
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Go to full definition ->
Best and Final Offer
For negotiated procurements...
Go to full definition ->
Days Payable
A measure of the average time a...
Go to full definition ->
Limited Partnership
A business organization with one or...
Go to full definition ->
Applicant Individual
aka who is requesting an SBA loan...
Go to full definition ->
Phase 2
Process to be used to determine economic injury for...
Go to full definition ->
Trend Analysis
A comparative analysis of...
Go to full definition ->
Companion File
When an applicant has another application filed...
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
