The SBA Express Loan program a special product under the SBA 7(a) Umbrella Program that provides a 50% guaranty, which is a lesser guaranty than is offered on other 7(a) programs, but allows the lender greater flexibility in the application and documentation process. 

The basic eligibility criteria, use of proceeds, rate, terms and maturity for Express Loans are very similar as those for the regular SBA 7(a) loan program with some important differences.

The old maximum amount of $250,00 for an Express Loan has been eliminated. It is now $2 million, the same as is allowed under the regular 7(a) program. Because the lender may use his own application forms and documentation, the approval process usually takes days instead of weeks.

Only experienced lenders who are chosen by the local SBA district office may participate in this program. Small Business Associates can assist borrowers to locate an appropriate lender within their community.

Small Business Associates, as an SBA intermediary who has been selected and trained by the SBA, is uniquely qualified to determine which SBA 7(a) Guaranty Loan Program would best accommodate your loan request. Once the appropriate program has been selected for your application, we will assist the prospective borrower in developing a viable loan application package and submits to a competitive lender for expedited consideration.