2017 Hurricane Recovery: You may be eligible for an SBA loan deferment

Become an Express Lender

SBAExpress features an accelerated turnaround time for SBA review; a response to an application will be given within 36 hours.

About the Program
Maximum Loan Amount: $350,000
Maximum SBA Guaranty %: 50%
Interest Rate: Lenders and borrowers can negotiate the interest rate. Rates can be fixed or variable and are tied to the prime rate (as published in The Wall Street Journal), LIBOR, or the optional peg rate (published quarterly in the Federal Register) and may be fixed or variable, but they may not exceed SBA maximums: lenders may charge up to 6.5 % over the base rate for loans of $50,000 or less, and up to 4.5 % over for loans over $50,000.
Eligibility Decision: By SBA; qualified lenders may be granted authorization to make eligibility determinations.
Revolving Lines of Credit: Up to seven years with maturity extensions permitted at the outset.
SBA Turnaround Time: Within 36 hours
Forms: Lender primarily uses own forms and procedures, plus SBA Form 1919, Borrower Information.
Collateral: Lenders are not required to take collateral for loans up to $25,000; may use their existing collateral policy for loans over $25,000 up to $350,000.
Credit Decision: By lender.
Purchase: May request expedited SBA purchase on small loans or in situations where liquidation may be delayed.

Loans made under this program generally follow SBA’s standards for the 7(a) Loan Program.


A lender may be eligible to participate in SBAExpress if:

  • It is currently an SBA partner lender and meets certain portfolio performance standards.

  • There are no minimum SBA loan volume requirements to begin making SBAExpress loans.

  • It is currently a non-SBA lender that makes a reasonable number of commercial loans of $50,000 or less.

For More Information

For more information and a complete description of the application process, consult SBA’s SOP 50 10 5(A).