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 ->
Get Prequalified
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.
Small Business
A business smaller than...
Go to full definition ->
Duplicated Interest
The amount of interest exp...
Go to full definition ->
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Go to full definition ->
Capital Leases
are for the purchase of fixed assets such as...
Go to full definition ->
Acquisition
The acquiring of supplies or...
Go to full definition ->
Credit Score Test
Part of the home loan CET show a...
Go to full definition ->
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Go to full definition ->
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Go to full definition ->
Injury Period
The time period during...
Go to full definition ->
Intermediary Organization
Organizations that play a funda...
Go to full definition ->
Defense Contractor
Any person who enters into...
Go to full definition ->
Lien
A legal claim against an...
Go to full definition ->
Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
Go to full definition ->
Small Disadvantaged Business Concern
A small business concern that...
Go to full definition ->
P&L (Profit and Loss Statement)
also considered as Income Statement or...
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
