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FEDERAL
SBA Express
Faster-turnaround 7(a) loan option for general business purposes through SBA-approved lenders.
About this program
Faster-turnaround 7(a) loan option for general business purposes through SBA-approved lenders.
Eligibility
Small businesses meeting SBA and lender requirements; SBA Express carries a 50% guaranty.
Requirements
- Maximum loan amount of $500,000
- SBA guaranty percentage of 50%
- Interest rate negotiated between lender and borrower, not to exceed SBA maximum
Funding Categories
Fast Working Capital / General Small Business Financing