SBA Express Loans

Power your business with an SBA Express loan

Momentum starts here

Big ideas shouldn't wait. As an SBA preferred lender, we deliver government-backed SBA Express loansD from $50,000 to $400,000—fast. With a competitive interest rate and zero prepayment penalties, you can move boldly, grow confidently and seize every opportunity that comes your way.

Preserve capital

Keep more of your money working inside your business while leveraging the power of government-backed financing.

Strengthen cash flow

Competitive rates and flexible terms let you free up resources and invest in growth.

Maximize assets

No loan-to-value requirements allow you to use collateral strategically so your business assets support your loan without limiting future opportunities.

Find a Local Banker , Opens in a new tab
Ready to start your SBA Express loan application? Find a Local Banker , Opens in a new tab

At a glance
SBA Express loan program highlights

Flexible amounts

Get a loan from $50,000 up to $400,000.

No down payment requirements

Avoid putting money down with a government-backed loan.

Convenient repayment terms

Enjoy repayment terms of 10-year full amortization with no balloon payments.

No prepayment penalties

You won't pay a fee for paying off your loan early.

Package all costs in one

You can finance your closing costs and fees as part of the loan.

Versatile uses

Use your loan for working capital or to purchase nontitled equipment.D

SBA Express loan requirements

  • Borrowers must actively work in the business
  • Business must be organized and located in the US
  • Business must be for profit
  • Business types must not be ineligible per SBA rules
  • Business must meet the SBA definition of a small business
  • Borrowers can't be past due on existing SBA loans
  • Franchises must be in the SBA-eligible franchise directory
  • Business must be 100% US citizen-owned and staffed
  • Other SBA eligibility requirements may apply

In addition to these SBA federal requirements, First Citizens requires that the business be in operation for at least 12 months, have no bankruptcies in the last 7 years and have no active legal actions—including divorce, parole and probation.

Looking for something else?

See More SBA Loans

SBA Express Loans FAQ
People often ask us

An SBA Express loan is a 7(a) loan program that offers fast business financing through a delegated SBA lender authority. The SBA guarantees 50% of the loan up to $500,000, allowing lenders to use their own processes and approve loans more quickly. At First Citizens, we offer Express loans of $50,000 to $400,000, which can be used for working capital and the purchase of nontitled equipment. For loan amounts greater than $400,000, see more SBA loans.

You can apply for an SBA Express loan at your local branch. You'll then be invited to use our private online portal to complete your SBA Express loan application, answer required SBA eligibility questions and upload required documentation.

Startups can get SBA Express loans, but the eligibility requirements may be more difficult to meet. First Citizens requires 12 months of operating history for all SBA Express loan applicants.

SBA Loan Insights
Insights for your business

Finance

SBA loan guidelines

Learn more about the most popular types of SBA loans for small business funding, key requirements and how to apply.
Thanks to their competitive terms, flexible overhead requirements and favorable rates and fees, SBA loans are often an attractive funding option for small businesses at all stages of growth.
Finance

The benefits of SBA loans

Get guidance on how SBA loans can provide versatile funding and tailored solutions for your business.
While a hallmark of SBA loans is added financial flexibility, the SBA defines specific acceptable uses, and adhering to these guidelines is crucial for compliance.
Planning

Tips for small business equipment financing

Business owners should take advantage of these tips for managing small business equipment financing at the end of the year.
Small businesses can optimize tax benefits by strategically timing their capital expenditures.

SBA Express loans are issued by participating lenders with the backing of the SBA for-profit businesses that operate in the US, meet federal size standards and demonstrate good character and the ability to make loan payments.

Equipment loans must be fully funded at closing against the invoice. Titled assets, including vehicles, boats and trailers, are not eligible.

Normal credit approval applies.

Approved to offer SBA loan products under the SBA Preferred Lenders program.

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services, and content on any third-party website.

Third parties mentioned are not affiliated with First-Citizens Bank & Trust Company.

Bank deposit products are offered by First-Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941