SBA Express Loans

Contact a Banker about SBA Express Loans

If you’re a manufacturing, wholesale, services or retail business looking to fast-track a business line of credit , you’ll want this SBA program. As long as you meet the SBA requirements, you can use it as working capital to finance inventory, accounts receivable, specific contracts and more.

Features & Benefits

Terms of up to 10 years
Competitive rates
No application required
Flexible eligibility requirements

SBA Express Loan Guidelines

Eligibility

Must be a for-profit business
Must qualify as a small business according to SBA Size Guidelines (varies by industry type)

Loan Size

Maximum SBA loan amount: $500,000

Financing

Provided by Highland Bank

Use of Proceeds

Working capital lines of credit

Collateral

First secured interest in business assets by Highland Bank per SBA requirements

Loan Terms

Revolving lines of credit available up to 10 years

Main Benefit
Qualifications
Additional Benefits to Borrower
Maximum Loan Amount
Use of Proceeds

- SBA 7(a) Program
- Maximum flexibility in structure, terms and uses
- Must qualify as a small business according to SBA guidelines. Size varies by industry type. Limitations are set by total revenues or number of employees, depending on industry. More than 95% of U.S. businesses are classified as “small” by SBA standards. Most manufacturing, wholesale, service and retail businesses are eligible for 7(a) financing.
- Loan terms up to 25 years and lower payments
- Fully amortized terms with no balloon payments
- Flexible use of loan proceeds
- Competitive rates
- Export working capital loans available
- Preferred SBA Lender Program for quicker approval
- Loans up to $5M with SBA limits of $3.75M on the guaranteed portion for any one business and its affiliates
- - Real estate purchase
  - Acquisition
  - Renovation
  - Construction
  - Equipment purchase
  - Start-up capital
  - Refinance
  - Franchise financing
  - Working capital
  - Expansion
- SBA 504 Loans
- Lower down payments, fixed rates and longer terms for businesses with net worth under $15M
- Tangible net worth may not exceed $15M and after-tax net profits must have averaged less than $5M during the previous 2 years of operation.
- Loan terms of 10-25 years and lower payments
- Below-market fixed rates on SBA financing
- Debenture allows larger projects
- Fully amortized terms with no balloon payments
- Smaller down payment required
- Flexible eligibility requirements
- Loans up to $5.5M for manufacturing businesses or energy-efficient projects valued at up to $11M
- - Real estate purchase
  - Acquisition
  - Renovation
  - Construction
  - Equipment purchase
  - Expansion
- SBA Express Loans
- Streamlined application and underwriting for amounts under $500,000
- Must qualify as a small business according to SBA guidelines. Size varies by industry type. Limitations are set by total revenues or number of employees, depending on the industry. More than 95% of U.S. businesses are classified as “small” by SBA standards. Most manufacturing, wholesale, service and retail businesses are eligible for SBA Express financing.
- Terms up to 10 years
- Working capital lines of credit
- Streamlined loan review process
- Competitive rates
- Flexible eligibility requirements
- Loans up to $500,000
- - Revolving line of credit to finance short-term business working capital

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Business Checking Accounts

A selection of accounts thoughtfully curated to the cash flow specifications of businesses of all sizes.

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Savings vehicles that make your money work harder, so you can hit the gas on your business goals.

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