SBA Express Loan

The SBA Express Loan Program is for small business owners.
The SBA Express Loan Program has the following characteristics:

  • The maximum loan amount is $350,000
  • The loan proceeds can be used to start or to grow an existing business
  • The loan maturity is up to 10 years for working capital and generally up to 25 years for fixed assets
  • The interest rate can be fixed or variable (negotiable and tied to the Prime Rate)
  • The SBA will guarantee up to 50% of the loan amount to the bank
  • The SBA will respond within 36 hours after receiving a loan package from the bank

This business financing program may be of benefit to your company.  If you are interested in pursuing a loan under this program, the Latin American Chamber of Commerce (LACC) would be pleased to prepare the loan package and place the deal with a bank.  Thank You.