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 ->
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.
Contracting
Purchasing, renting, leasing, or...
Go to full definition ->
S-Corporation
A form of corporation, allowed by...
Go to full definition ->
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Go to full definition ->
Acquisition
The acquiring of supplies or...
Go to full definition ->
Contracting Officer
A person with the authority to...
Go to full definition ->
Subcontract
A contract between a prime cont...
Go to full definition ->
Subsidiary
A company for which a majority of the...
Go to full definition ->
Cash Flow Test
Part of the CET that determines if...
Go to full definition ->
Fair and Reasonable Price
A price that is fair to both parties...
Go to full definition ->
Physical Loans
Funds to repair/replace dis...
Go to full definition ->
Negotiation
Contracting through the use of...
Go to full definition ->
Electronic Data Interchange
Transmission of information bet...
Go to full definition ->
Adjusted Net Worth
Post disaster fair market value of tangible...
Go to full definition ->
Defense Contractor
Any person who enters into...
Go to full definition ->
NAICS
NAICS codes are common...
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
