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African American Chamber of Commerce, AACCWR - 20th Anniversary, 1996-2016
"The right combination of savvy and support."

 

SBA Express SBA Express

 

The SBA Express guarantee loan program goes as high as $250,000. The turnaround time is 36 hours or less. Lenders and qualified borrowers can negotiate the interest rate which is tied to the prime rate (as published in the WSJ) and may be fixed or variable. SBA Express also allows for revolving lines of credit up to 7 years. Lenders are not required to take collateral for loans up to $25,000.

SBA Express Participating Lenders
(By total number of SBA loans made during Fiscal Year 2003):

Fleet Bank NA *
Citibank, N.A. *
Washington Mutual Savings Bank *
Wachovia Small Business Capital *
Bank of New York
Bank of America National Trust & Savings Association**

* Preferred Lender Provider (PLP) Lender
** No SBA loans in Fiscal Year 2003

This is not the complete list of loan providers. The list above contains the names of AACCWR members only.

For more information please contact us at:

100 Stevens Avenue, Suite 202
Mount Vernon, New York 10550

Phone: 914-699-9050, Fax: 914-699-6279

OR

The African American Chamber of Commerce
Rockland Office
235 North Main Street, Suite 2
Spring Valley, New York 10977

Phone: 845-371-9243

Email Us

 

     

 

Learn more about the SBA
Express Program...

         

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