SBA Express Loan Program

SBA Express Loan Program

Program Name: SBA Express Loan Program

Resource Type: Federal

State: USA

Agency: Program Source: Loan

Description: Provides an accelerated turnaround time for SBA’s review. You will receive a response to your application within 36 hours and lower interest rates are often available. The SBA guarantees up to 50 percent of an SBA Express loan. Loans under $25,000 do not require collateral. The use of loan proceeds is the same as for any basic 7(a) loan.

Website: http://www.sba.gov/content/express-programs