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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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.
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
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Days Payable
A measure of the average time a...
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Income Statement
Shows the entity’s income and...
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SCORE
Counselors to America's Small Bus...
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Subsidiary
A company for which a majority of the...
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Liabilities
A financial obligation...
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Credit Elsewhere Test (CET)
The test to determine the...
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Contractor Team Arrangement
An arrangement in which...
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Days Receivable
A measure of the average time a...
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Limited Liability Entities (company/partnership)
An LLE provides business owners with...
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Assets
The amount of current assets that is left...
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Normal Annual Sales
Those sales that would have...
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Best and Final Offer
For negotiated procurements...
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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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