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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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Liabilities
A financial obligation, debt, or claim, i.e. notes payable and accounts payable.
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.
Physical Loans
Funds to repair/replace dis...
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GPM%
The measure of every sales dollar left...
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Extraordinary Items
Additional expenses that are...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Applicant Entity
The business entity requesting...
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Amortization
A non-cash operating expense that...
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Credit Score Test
Part of the home loan CET show a...
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Injury Period
The time period during...
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Applicant Individual
aka who is requesting an SBA loan...
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Guarantor
The legal entity and...
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Best and Final Offer
For negotiated procurements...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Business Activity
The business (or loss) activity of...
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Injury Analysis
Measures the effects of...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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