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?
Explore the FAQs page ->
Latest SBA Loan Rates ->
NEW: SBA Glossary ->
Learn
How to Get an SBA Loan
Apply Online ->
Apply Online ->
Apply Online ->
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
Apply Here
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.
Operating Leases
are deducted on the company’s...
Go to full definition ->
Normal Gross Margin
The margin that would have been...
Go to full definition ->
Standard Industrial Classification (SIC) Code
A code representing a category within...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Go to full definition ->
NAICS
NAICS codes are common...
Go to full definition ->
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
Go to full definition ->
B/E (Business EIDL) Loan
A business loan that...
Go to full definition ->
Comparative Analysis
Is designed to point out significant trends that...
Go to full definition ->
Equity
An accounting term used to...
Go to full definition ->
Sole Proprietor
an individual who...
Go to full definition ->
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Go to full definition ->
Current Liabilities
A balance sheet item, which...
Go to full definition ->
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Go to full definition ->
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Go to full definition ->
Get the quick rundown on SBA Loans
Join over 4,000+ small business owners already growing with us.
How it Works
