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SBA Express It features the easiest SBA application process and accelerated approval times, plus it offers longer terms and lower down payment requirements than conventional loans.
The Small Business Administration (SBA) offers the 504 loan program for small businesses to use for the purchase of real estate, machinery, and equipment. Financing through this program is offered at below-market, fixed interest rates.
SBA Express It features the easiest SBA application process and accelerated approval times, plus it offers longer terms and lower down payment requirements than conventional loans.
Applicants may apply online using the Electronic Loan Application (ELA) via SBAs secure website at and should apply under SBA declaration # 17862.
The U.S. Small Business Administration (SBA) helps Americans start, grow, and build resilient businesses.
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Do SBA loans require a downpayment? Yes, the minimum SBA loan down payment requirement is 10% on 7(a) and 504 loans and is based on a businesss cash flow and collateral. Weak cash flow or low-value collateral can increase the down payment requirement to up to 30% of the loan amount.
Be small under SBA size requirements. Not be a type of ineligible business. Not be able to obtain the desired credit on reasonable terms from non-federal, non-state, and non-local government sources. Be creditworthy and demonstrate a reasonable ability to repay the loan.
Applicants may apply online using the Electronic Loan Application (ELA) via SBAs secure website at and should apply under SBA declaration # 17862.

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