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.
Companion File
When an applicant has another application filed...
Go to full definition ->
Affiliated Group
When two or more...
Go to full definition ->
Current Assets
A balance sheet item which equals...
Go to full definition ->
Small Disadvantaged Business Concern
A small business concern that...
Go to full definition ->
Protégé
A firm in a developmental stage that...
Go to full definition ->
Current Liabilities
A balance sheet item, which...
Go to full definition ->
Contractor Team Arrangement
An arrangement in which...
Go to full definition ->
Working Capital (WC)
The amount of current assets that...
Go to full definition ->
Contracting
Purchasing, renting, leasing, or...
Go to full definition ->
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Go to full definition ->
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Go to full definition ->
Affiliates
Business concerns, organizations, or...
Go to full definition ->
Cash Flow Test
Part of the CET that determines if...
Go to full definition ->
Negotiation
Contracting through the use of...
Go to full definition ->
Certificate of Competency
A certificate issued by the Small Bus...
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
