SBA Loans
An SBA loan can be a game-changer for small businesses looking for financial assistance. The Small Business Administration (SBA) provides loan programs specifically designed to support and promote the growth of small businesses. SBA loans offer several benefits, such as lower down payments, longer repayment terms, and more flexible eligibility requirements compared to traditional bank loans. This accessibility makes it easier for businesses to secure the funding they need for various purposes, such as working capital, equipment purchases, real estate investments, or refinancing existing debt. Moreover, SBA loans often come with competitive interest rates, which can significantly reduce the cost of borrowing and improve the overall financial health of the business. Beyond the financial aspect, SBA loans also provide valuable guidance and resources through the SBA network, offering expertise and support to help businesses succeed. By offering affordable financing and expert assistance, SBA loans play a vital role in fostering entrepreneurship and fueling the growth of small businesses.
SBA Loan FAQ
What is an SBA loan?
An SBA loan is a small business loan partially guaranteed by the U.S. Small Business Administration. These loans are issued by approved lenders and offer low interest rates, long repayment terms, and flexible requirements.
What types of SBA loans are available?
The most common SBA loan programs include:
^ SBA 7(a) Loan – General-purpose funding (up to $5 million)
* SBA 504 Loan – For fixed assets like real estate or equipment
* SBA Microloan – Small loans up to $50,000 for startups or micro-businesses
* SBA Express – Fast-tracked 7(a) loans with streamlined approval
How can I use an SBA loan?
Funds can be used for:
* Business expansion
* Working capital
* Equipment or inventory purchases
* Commercial real estate
* Refinancing existing debt
* Franchise or business acquisition
How much can I borrow with an SBA loan?
Loan amounts vary by program. SBA 7(a) loans go up to $5 million, while SBA Express offers up to $500,000, and Microloans max out at $50,000.
What are the interest rates and terms?
SBA loans typically offer low, government-regulated interest rates with long terms:
* Up to 25 years for real estate
* Up to 10 years for equipment
* Up to 10 years for working capital
Who qualifies for an SBA loan?
To qualify, your business must:
* Be based in the U.S.
* Operate for profit
* Have a good credit history (usually 650+ FICO)
* Show the ability to repay the loan
* Meet SBA size standards
Is collateral required?
Collateral may be required for larger loans, but it’s not always necessary. Personal guarantees are often required for all owners with 20%+ ownership.
What documents are needed to apply?
Typical requirements include:
* Personal and business tax returns (2–3 years)
* Business bank statements
* Profit & loss statement and balance sheet
* Business plan (for startups)
* Debt schedule
* Personal financial statement
How long does it take to get approved?
Traditional SBA loans may take 2 to 6 weeks to fund. SBA Express loans may fund within 7–10 business days after approval.
What are the benefits of an SBA loan?
* Low interest rates
* Long repayment terms
* Lower monthly payments
* Support for both startups and existing businesses
* Use funds for nearly any business purpose
Why choose Express Business Lending for SBA loans?
We simplify the SBA process with:
* Expert guidance through every step
* Access to a nationwide lender network
* Faster SBA Express options
* High approval rates and tailored solutions
GET FUNDED IN 1-2-3 EASY STEP
Checking your rate won’t affect your credit score
Apply Online
- Fast & Easy Online Application Our loan specialist will contact you or call us at our phone number: (877)-2411244
Review Your Options
-You will have your decision in minutesNo paperwork, no waiting
Get Funded
- True term loans – $5,000 – $1,000,000 Receive funding in as fast as 1 day
FAST, EASY, RELIABLE
EQUIPMENT FINANCING
Get funding to purchase equipment for you business to keep on growing.
WORKING CAPITAL
Quick and simple cash available for any business purpose.
TERM LOAN
Our specialists will tailor a business loan to fit your needs.
SBA LOAN
Lowest rates available with an SBA 7a,504,or express loan.
Real Estate Investor Funding
Get funding for your next real estate project. Fix and Flip Funding, Single Family/Multi Family and more.
INVOICE FACTORING
Get paid upfront for your 30-60 or 90 day old invoices.
BUSINESS LINE OF CREDIT
Access capital for your business when you need it and only pay interest on the funds you use.
TRUSTED PARTNERSHIPS
WITH OVER 50+ LENDERS
EXCLUSIVE PARTNERSHIPS
THAT YOU CAN COUNT ON
At Express business lending we appreciate how investing in relationships brings mutual prosperity. Who we partner with ensures the best services available for our customers.
To discuss potential opportunities, please call
(877)-2411244
Industry leading approval process that is easy and less intensive. Get the capital you need to allow your business to grow, today!