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 ->
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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.
Prime Contract
A contract awarded directly...
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Equity
An accounting term used to...
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Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Cash Available to Service Additional Debt (CASAD)
The cash flow determined that...
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Certified 8(a) Firm
A firm owned and operated by socially and...
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Best and Final Offer
For negotiated procurements...
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Projection
An estimate of future economic or...
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Limited Partnership
A business organization with one or...
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Available Asset Test
Part of the CET that determines if an applicant(s) has...
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Collateral
Assets pledged by a borrower to secure a loan...
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Primary Activity
The major business activity of...
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Fair and Reasonable Price
A price that is fair to both parties...
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Contracting Officer
A person with the authority to...
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Partnering
A mutually beneficial business-to-bus...
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Comparative Analysis
Is designed to point out significant trends that...
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