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
Guarantor
The legal entity and/or person who guarantees an obligation and has a legal duty to fulfill it.
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.
Schedule of Liabilities
A business debt schedule that lists all of the debts...
Go to full definition ->
Mentor
A business, usually large, or...
Go to full definition ->
Best and Final Offer
For negotiated procurements...
Go to full definition ->
Principal
the owner(s) of the Applicant Entity that...
Go to full definition ->
Intermediary Organization
Organizations that play a funda...
Go to full definition ->
Applicant/Co-Applicant
Business entity and person requesting...
Go to full definition ->
Affiliated Group
When two or more...
Go to full definition ->
Normal Annual Sales
Those sales that would have...
Go to full definition ->
NAICS
NAICS codes are common...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
S-Corporation
A form of corporation, allowed by...
Go to full definition ->
Partnership
A type of unincorporated business org...
Go to full definition ->
Liabilities
A financial obligation...
Go to full definition ->
Extraordinary Items
Additional expenses that are...
Go to full definition ->
Cash-basis Accounting
records revenue when cash is...
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
