SBA Express Bridge Loans
SBA Express Bridge Loans
The Express Bridge Loan Pilot Program is for small businesses who already have a relationship with an SBA Express Lender to access up to $25,000. These loans are intended to help small businesses overcome the temporary loss of revenue and can be a term loan or used to bridge the gap while applying for a direct SBA Economic Injury Disaster Loan. If a small business has an urgent need for cash while waiting for a decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.
Terms
- Up to $25,000
- Fast turnaround
- Will be repaid in full or in part by proceeds from the EIDL loan