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
Income Statement
Shows the entity’s income and expenses. (similar to a Profit & Loss Statement)
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.
Prime Contract
A contract awarded directly...
Go to full definition ->
Affiliated Group
When two or more...
Go to full definition ->
Liabilities
A financial obligation...
Go to full definition ->
Contracting Officer
A person with the authority to...
Go to full definition ->
Mentor
A business, usually large, or...
Go to full definition ->
Partnering
A mutually beneficial business-to-bus...
Go to full definition ->
Available Asset Test
Part of the CET that determines if an applicant(s) has...
Go to full definition ->
Adjusted Net Worth
Post disaster fair market value of tangible...
Go to full definition ->
Electronic Data Interchange
Transmission of information bet...
Go to full definition ->
Contractor Team Arrangement
An arrangement in which...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Go to full definition ->
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Go to full definition ->
Hardship Waiver
Method used to approve a...
Go to full definition ->
Principal
the owner(s) of the Applicant Entity that...
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
