SBA Express

SBA Express Loans

What It Is

Self-Help's SBA Express program provides small business owners, especially those whom local banks may be unable to serve, with financing that will help their businesses grow and succeed.

Key Facts

• Maximum loan size: $350,000.
  
• Minimum loan size: $1,000

• Maximum loan term: 7 years
• Unsecured loans up to $25,000 for qualified borrowers

• Available to existing or start-up for-profit companies

Uses of SBA Express Loans

• Purchase land or buildings, cover new construction, expand or convert existing facilities
  

• Buy equipment, machinery, furniture, fixtures, supplies, or materials

• Long-term and short-term working capital

• Purchase an existing business

• Refinance existing business debt that is not already structured with reasonable terms and conditions

Eligiblity and Requirements

• We look at Capacity to repay, Capital you have invested yourself, Collateral to secure the loan, Conditions or loan uses and the Character of the borrower

• To cover our risk, we may require more collateral than banks typically do.

• Our borrowers' credit scores are a little lower than bank customers.

Please contact us to learn more.