SBA Express Loans: Types, Costs, Terms & Where to Find
A Small Business Administration (SBA) Express Loan provides small businesses with long-term working capital financing up to $350,000. These loans feature interest rates of 4.5–6.5 percent above the prime rate and typically have a 10-year repayment period. SBA Express loans carry fewer documentation requirements than standard 7(a) loans, but still take 30 to 90 days...
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