Posts by Jeff Hamann, SBA Express Loans Glossary of Terms
Jeff Hamann, Editorial Director, writes for the SBA Express Loans Glossary of Terms. 8 articles below.
What Is the SBA Export Express Loan Program?
The SBA Export Express loan program offers quick-approval loans to established businesses that intend to start exporting or require funds for export activities.
What Is an SBA Microloan?
SBA microloans, which are some of the easiest SBA loans to get approved for, range in size between $500 and $50,000.
What Is an SBA 7(a) Loan?
An SBA 7(a) loan is the loan program guaranteed by the Small Business Administration for loans of up to $5,000,000 for any small busness.
What Is an SBA 504 Loan?
SBA 504 financing is restricted to land purchase, renovations, and long-term use equipment and machinery. SBA 504 financing is long-term, fully amortized without a balloo
What Is a Debt Service Coverage Ratio?
Debt Service Coverage Ratio refers to a borrower's ability to repay debt obligations.
What Is a Certified Development Company?
A CDC is a nonprofit entity that works with the SBA and third-party lenders in order to promote economic growth within its area of operation.
What Is The Small Business Administration (SBA)?
The Small Business Administration, or SBA, is an independent federal government agency that exists to support small businesses and entrepreneurs across the United States.
What Is Amortization?
Amortization refers to debts that are set to be paid off using a fixed repayment schedule.
Start here
Getting a small business loan should be easy. Now it is.
Tell us what your business needs. We route your inquiry to SBA lending partners. Free, no obligation.