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.
Corporation (C-corp.)
The most common form of business org...
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Cash Flow Test
Part of the CET that determines if...
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Prime Contract
A contract awarded directly...
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Small Disadvantaged Business Concern
A small business concern that...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
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SCORE
Counselors to America's Small Bus...
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Normal Gross Margin
The margin that would have been...
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Days Payable
A measure of the average time a...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Projection
An estimate of future economic or...
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Affiliated Group
When two or more...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Applicant Individual
aka who is requesting an SBA loan...
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P&L (Profit and Loss Statement)
also considered as Income Statement or...
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