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.
Joint Venture
In the SBA Mentor-Protégé Program...
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Prime Contract
A contract awarded directly...
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S-Corporation
A form of corporation, allowed by...
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Operating Leases
are deducted on the company’s...
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Certificate of Competency
A certificate issued by the Small Bus...
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Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
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Phase 2
Process to be used to determine economic injury for...
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Sole Proprietor
an individual who...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Best and Final Offer
For negotiated procurements...
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Hardship Waiver
Method used to approve a...
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Emerging Small Business
A small business concern whose...
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Injury Period
The time period during...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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