SBA Express Loan


SBA Express Loans have a maximum amount of $350,000 and usually have a 5-7 year term. Loan proceeds can be used for all the same purposes as the SBA Advantage loan.

The SBA allows an Express Loan to be structured as either a straight term loan or as a credit line. At FNB Small Business Finance, we do not offer the Express Loan as a stand-alone product, but rather as an additional product along with an Advantage or Grow Loan as a credit line for working capital.


Our typical structure on an Express Loan is to have a Working Capital Line that can be drawn on for two years, with any balance outstanding after two years to be repaid on a 5-year term for a total term of 7 years.

In general, the product advantages of an SBA guaranteed loan are:

  • Lower Equity Injection requirements to keep more working capital in the business
  • Longer-term loans to keep required payments lower every month
  • Fully amortizing loans – no balloon payments or refinance required
  • Combine many uses of funds into one loan (Advantage Loan)
  • No loan covenants that may impact business operations

Pre-Application Checklist:

Documents to have available for a call with our team:

  • Outline of proposed transaction including costs
  • Three years tax returns on current and/or target business
  • Interim Financial Statements on current and/or target business
  • Personal Financial Statements on all current and/or potential owners over 20%
  • Three years personal tax returns on all current and/or potential owners over 20%