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 ->
NEW: SBA Glossary ->
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Glossary
SBA Terms
Source: SBA.gov
Current Liabilities
A balance sheet item, which equals the sum of all money owed by a company and due within one year.
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.
Cash-basis Accounting
records revenue when cash is...
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Amortization
A non-cash operating expense that...
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Joint Venture
In the SBA Mentor-Protégé Program...
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Depreciation
A non-cash operating expense that...
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Normal Annual Sales
Those sales that would have...
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Partnership
A type of unincorporated business org...
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Assets
The amount of current assets that is left...
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Phase 2
Process to be used to determine economic injury for...
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Hardship Waiver
Method used to approve a...
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Primary Activity
The major business activity of...
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Defense Contractor
Any person who enters into...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Protégé
A firm in a developmental stage that...
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Cash Flow Test
Part of the CET that determines if...
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Equity
An accounting term used to...
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