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
Sole Proprietor
an individual who owns an unincorporated business by himself/ or herself.
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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Economic Injury Disaster Loan (EIDL)
a working capital loan that...
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Cash Flow Test
Part of the CET that determines if...
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Accrual Basis Accounting
recognizes revenues when earned and expenses are...
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Sole Proprietor
an individual who...
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Break-even Analysis
A calculation of the approximate sales...
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Applicant/Co-Applicant
Business entity and person requesting...
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Affiliates
Business concerns, organizations, or...
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Lien
A legal claim against an...
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Acquisition
The acquiring of supplies or...
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Injury Period
The time period during...
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Hardship Waiver
Method used to approve a...
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S-Corporation
A form of corporation, allowed by...
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Emerging Small Business
A small business concern whose...
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Days Payable
A measure of the average time a...
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