SBA Express Loan The SBA Express Loan Program is available for businesses who are well established (3 years) with good credit and good debt service. The maximum loan amount is $350,000. These loans are usually given by a Preferred Lender (PLP) with a 50% guarantee from the government and are usually funded very quickly. These loans are usually credit scored.
Many people think SBA loans are only for businesses in trouble. Often, SBA loans are granted during the gap time between when a company billed out for goods or services and when they receive payment. A company may be experiencing growth on paper during this time, but funds may not be available for additional investments. Your best resource for SBA loans is iBank.com.
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