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.
Guarantor
The legal entity and...
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Affiliates
Business concerns, organizations, or...
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Physical Loans
Funds to repair/replace dis...
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Break-even Analysis
A calculation of the approximate sales...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Days Payable
A measure of the average time a...
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Acquisition
The acquiring of supplies or...
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Capital Leases
are for the purchase of fixed assets such as...
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SCORE
Counselors to America's Small Bus...
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Principal
the owner(s) of the Applicant Entity that...
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Request for Proposal (RFP)
A document outlining a...
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Duplicated Interest
The amount of interest exp...
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Corporation (C-corp.)
The most common form of business org...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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