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 ->
Learn
How to Get an SBA Loan
Apply Online ->
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.
Business Activity
The business (or loss) activity of...
Go to full definition ->
Corporation (C-corp.)
The most common form of business org...
Go to full definition ->
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Go to full definition ->
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Go to full definition ->
Primary Activity
The major business activity of...
Go to full definition ->
Applicant Individual
aka who is requesting an SBA loan...
Go to full definition ->
Cash-basis Accounting
records revenue when cash is...
Go to full definition ->
Injury Analysis
Measures the effects of...
Go to full definition ->
Electronic Data Interchange
Transmission of information bet...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Go to full definition ->
Small Disadvantaged Business Concern
A small business concern that...
Go to full definition ->
Current Assets
A balance sheet item which equals...
Go to full definition ->
Assets
The amount of current assets that is left...
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
