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 ->
NEW: SBA Glossary ->
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Glossary
SBA Terms
Source: SBA.gov
Prime Contract
A contract awarded directly by the Federal government.
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.
Partnership
A type of unincorporated business org...
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Assets
The amount of current assets that is left...
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Subsidiary
A company for which a majority of the...
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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Small Disadvantaged Business Concern
A small business concern that...
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Contracting Officer
A person with the authority to...
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Contracting
Purchasing, renting, leasing, or...
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Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Fair and Reasonable Price
A price that is fair to both parties...
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Full and Open Competition
With respect to a contract action...
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Electronic Data Interchange
Transmission of information bet...
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NAICS
NAICS codes are common...
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Limited Partnership
A business organization with one or...
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Prime Contract
A contract awarded directly...
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Protégé
A firm in a developmental stage that...
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