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
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.
Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Duplicated Interest
The amount of interest exp...
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Limited Partnership
A business organization with one or...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Subcontract
A contract between a prime cont...
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Applicant/Co-Applicant
Business entity and person requesting...
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SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
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Credit Score Test
Part of the home loan CET show a...
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Small Business
A business smaller than...
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Amortization
A non-cash operating expense that...
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Phase 1
Process used to determine the...
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Primary Activity
The major business activity of...
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Break-even Analysis
A calculation of the approximate sales...
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Subsidiary
A company for which a majority of the...
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