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.
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
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Operating Leases
are deducted on the company’s...
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Applicant Entity
The business entity requesting...
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Contractor Team Arrangement
An arrangement in which...
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Subsidiary
A company for which a majority of the...
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GPM%
The measure of every sales dollar left...
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Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
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Affiliated Group
When two or more...
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Hardship Waiver
Method used to approve a...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Mentor
A business, usually large, or...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Small Disadvantaged Business Concern
A small business concern that...
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Injury Period
The time period during...
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Acquisition
The acquiring of supplies or...
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