Fast Business Loans

Fast Business Loans

Fast Business Loans

You can get fast Business Loans through the SBA Express Loans Program up to $500,000 and in as little as a few days for business funding up to $50,000!

Thanks to our Lending Partner’s Preferred SBA lender status and major guideline changes recently enacted, obtaining an SBA business loan with is now easier, faster, and more affordable!

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Highlights of the Fast Business Loans program:

    • Streamlined SBA Express Loans are now available up $500,000 with rates starting at Prime + 3%.
    • Funding under $50,000 can even occur in days often without collateral or financials.
    • Eligible businesses can avoid costly merchant cash advances or private term loans, pay $0 in SBA guarantee fees, and have predictable monthly loan payments.

Benefits of our SBA Express Loan Program:

  • Financing up to $500,000
  • Rates from Prime + 3%
  • Monthly Payments
  • 10-Year Loan Term
  • Nationwide Financing
  • No Prepayment Penalty
  • Streamlined Underwriting
  • No SBA Guarantee Fees 

Requirements and Considerations:

  • 700 Min. Credit Score
  • 2 Yrs. Min. Time in Business
  • No MCA refinancing
  • Other Loan can be refinanced
  • 1.15 to 1.25 DSCR
  • Cashflow must support the loan

We have Programs for every credit profile and business.  click here to discuss other business financing options.

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SBA Express Loan Program: A Guide for Small Businesses

The SBA Express Loan Program is a popular choice for small businesses that need funding quickly and easily. These loans are partially guaranteed by the U.S. Small Business Administration (SBA), which makes them more attractive to lenders. As a result, SBA Express loans typically have lower interest rates and more flexible repayment terms than traditional bank loans.

What is an SBA Express Loan?

An SBA Express Loan is a type of 7(a) loan. The SBA 7(a) program is the SBA’s most popular loan program, and it can be used for a wide variety of business purposes, including:

  • Working capital
  • Equipment purchases
  • Real estate purchases
  • Business expansion
  • Debt refinancing

SBA Express Loans have the following features:

  • Maximum loan amount of $500,000
  • Faster approval times than traditional 7(a) loans
  • Simpler application process
  • Lower interest rates and more flexible repayment terms

Who is eligible for an SBA Express Loan?

To be eligible for an SBA Express Loan, your business must meet the following criteria:

  • Be a for-profit business
  • Be located in the United States
  • Have a valid tax identification number
  • Not be delinquent on any federal debts

How to apply for an SBA Express Loan

The application process will vary on the amount of funding and other factors, but you will typically need to provide the following information:

  • Business financial statements
  • Tax returns
  • Personal financial statements
  • Business plan
  • Collateral information

Benefits of SBA Express Loans

SBA Express Loans offer a number of benefits to small businesses, including:

  • Faster approval times than traditional bank loans
  • Simpler application process
  • Lower interest rates and more flexible repayment terms
  • The backing of the SBA

Drawbacks of SBA Express Loans

The main drawback of SBA Express Loans is that they have a maximum loan amount of $500,000. This may not be enough funding for some businesses. Additionally, SBA Express Loans may require collateral, which some businesses may not have.

Overall, SBA Express Loans are a good option for small businesses that need funding quickly and easily. They offer lower interest rates and more flexible repayment terms than traditional bank loans, and they are backed by the SBA.

If you have interest or questions about an SBA Express Loan, apply for SBA Express, schedule a consultation, or call us at (317) 589-0118.