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 ->
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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
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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.
Equity
An accounting term used to...
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Adjusted Net Worth
Post disaster fair market value of tangible...
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Companion File
When an applicant has another application filed...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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Contracting
Purchasing, renting, leasing, or...
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Working Capital (WC)
The amount of current assets that...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Primary Activity
The major business activity of...
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SCORE
Counselors to America's Small Bus...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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B/E (Business EIDL) Loan
A business loan that...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Joint Venture
In the SBA Mentor-Protégé Program...
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Injury Analysis
Measures the effects of...
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Normal Annual Sales
Those sales that would have...
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