SBA Loans are loans backed by the Small Business Administration, a U.S. government agency. These loans are designed to help small businesses access funding that they might not qualify for through traditional lenders. The SBA guarantees a portion of the loan, which reduces the risk for lenders and encourages them to provide financing to small businesses. There are various types of SBA Loans, including the popular 7(a) loan program, which can be used for a range of business purposes, such as purchasing equipment or real estate. The terms and interest rates are generally favorable, making these loans an attractive option for small business owners.