SBA Express Loan
Up to 150K in 30 days, No Personal Collateral, 10 year term
WSJ Prime +2.75% , simple interest
SBA Express Loan
Up to 150K in 30 days, No Personal Collateral, 10 year term, WSJ Prime +2.75% , simple interest
Learn why The SBA Express Loan for startup businesses is the best small business financing option available
How to get a small business loan without collateral using an SBA Express Loan
Advantages over other financing options
- Collateral not required with good credit and cash reserves
- No need to roll over a large portion of your 401K
- No need for multiple Business credit cards with compounding interest
SBA Express Loan Terms
- 7 to 10 Year term loan
- Interest Rate is WSJ Prime + 2.75%
- Loan may adjust Quarterly with WSJ Prime
- Fully Amortized loan paying Principal/Interest monthly
- No prepayment penalty
- Loan funds deposited into your business checking account
- Funding in 30 to 45 days
- Up to $150,000
SBA Express Loan Requirements
- Credit Score of 685+
- Cash injection of 10% of the loan amount and no less than 15% in reserves
- Revolving credit usage under 37%
- No Tax Liens or Judgements that have not been released/satisfied
- Bankruptcies must be over 36 months from released date
SBA Express Loan for Veterans
- Reduced packaging fee
- Bank fee may be waived
- SBA Guarantee fee was previously waived for veterans. Currently this is no longer the case. Please contact for latest status.
Advantages over other financing options
- Retirement funds and other personal liquid assets are not at risk and available for future use
- No need to roll over a large portion of your 401K
- No need for multiple Business credit cards with compounding interest
Loan Specifics
- 10 Year term
- Interest Rate is WSJ Prime + 2.75%
- Loan may adjust Quarterly with WSJ Prime
- Fully Amortized loan paying Principal/Interest monthly
- No prepayment penalty
- Loan funds deposited into your business checking account
- Funding in 30 to 45 days
- Up to $150,000
Applicant Criteria
- Credit Score of 720+
- Cash injection of 10% of the loan amount and no less than 15% in reserves
- Revolving credit usage under 37%
- No Tax Liens or Judgements that have not been released/satisfied
- Bankruptcies must be over 36 months from released date