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
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.
Current Assets
A balance sheet item which equals...
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Working Capital (WC)
The amount of current assets that...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Partnership
A type of unincorporated business org...
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Capital Leases
are for the purchase of fixed assets such as...
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Emerging Small Business
A small business concern whose...
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SCORE
Counselors to America's Small Bus...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Business Activity
The business (or loss) activity of...
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Acquisition
The acquiring of supplies or...
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Days Receivable
A measure of the average time a...
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Small Disadvantaged Business Concern
A small business concern that...
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Affiliate
Business concerns are affiliates if one concern...
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Days Payable
A measure of the average time a...
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