SBA Express - Fast Working Capital
as fast as 15 Days
up to $350,000
The SBA 7(a) Loan is the U.S. Small Business Administration’s flagship business financing program. It is one of the most popular loan options for small businesses because it offers competitive interest rates, lower down payment requirements, and longer repayment terms.
However, the standard SBA 7(a) loan application process can be lengthy and documentation-intensive. From application to funding, it often takes considerable time, especially for working capital loans, which commonly require two to three months or more to close.
To help reduce the processing time, some SBA-approved lenders offer SBA Express Loans. Under this program, participating lenders are granted greater delegated authority to make credit decisions, allowing for a faster approval process and quicker access to funding compared to a standard SBA 7(a) loan.
Below are the SBA Express Loan programs offered by our new bank partner. This program can close in as little as 15 days. The maximum loan amount is $350,000, and in most cases, no real estate collateral is required.
SBA 7a Express
- Fast Funding: 15–30 days
- Loan Amount: Up to $350,000
- Pre-Approval: Typically within 2–3 business days
- Collateral: Generally no real estate collateral required
- Credit Check: Soft pull only – no hard inquiry and no impact on your credit score
- Interest Rate: Variable rate – Prime + 2.5% to 4.5%
- Repayment Term: Up to 10 years
- No Prepayment Penalty
- No Broker Fee
Eligible Uses of Funds
- Working Capital
- Equipment & Machinery Purchases
- Hiring Employees
- Business Acquisition (30 -60 days of processing)
- Inventory Purchases
- Leasehold Improvements / Tenant Renovations
- Various Other Business Purposes
Not Eligible:
- Real Estate Purchases
- Building Construction or Expansion
Basic Required Documents
- Personal and Business Tax Returns
- Working Capital: Most recent 2 years
- Business Acquisition:
- Seller’s Business Tax Returns: Most recent 3 years
- Buyer’s Personal Tax Returns: Most recent 3 years
- Year-to-Date Financial Statements: Profit & Loss Statement and Balance Sheet
- Business Acquisition: Minimum 10% down payment (Equity Injection) required
- Business Debt Schedule
- Business Bank Statements: Most recent 6 months
- Government-Issued Photo ID
Basic Eligibility Requirements
- U.S. Citizens Only (Permanent residents are not eligible.)
- Minimum Credit Score: 650–680 or higher preferred
- No Bankruptcy within the past 7 years
- No Outstanding Tax Liabilities
- Restricted Industry: Logistics / Transportation