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.
Applicant/Co-Applicant
Business entity and person requesting...
Go to full definition ->
GPM%
The measure of every sales dollar left...
Go to full definition ->
Defense Contractor
Any person who enters into...
Go to full definition ->
Hardship Waiver
Method used to approve a...
Go to full definition ->
Intermediary Organization
Organizations that play a funda...
Go to full definition ->
Business Activity
The business (or loss) activity of...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Injury Analysis
Measures the effects of...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Go to full definition ->
Substantial Damage
This means uninsured or otherwise uncompensated...
Go to full definition ->
Guarantor
The legal entity and...
Go to full definition ->
Lien
A legal claim against an...
Go to full definition ->
Electronic Data Interchange
Transmission of information bet...
Go to full definition ->
Phase 1
Process used to determine the...
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
