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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How to Get an SBA Loan
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Glossary
SBA Terms
Source: SBA.gov
Working Capital (WC)
The amount of current assets that is left after all current debts are paid.
Updated on
September 8, 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.
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Partnering
A mutually beneficial business-to-bus...
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Subsidiary
A company for which a majority of the...
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Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
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Depreciation
A non-cash operating expense that...
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Schedule of Liabilities
A business debt schedule that lists all of the debts...
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Applicant Individual
aka who is requesting an SBA loan...
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Federal Acquisition Regulation (FAR)
The body of regulations which is...
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Break-even Analysis
A calculation of the approximate sales...
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Hardship Waiver
Method used to approve a...
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Defense Contractor
Any person who enters into...
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Operating Leases
are deducted on the company’s...
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