SBA Express Loan Application and Timeline in New York Now

GHC Funding
GHC Funding
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Published: January 1, 2026
Categories: blog
Reading Time: 4 minutes read
Article Credits

Contributing Author & Editorial Review

This article was authored and professionally reviewed to provide accurate, actionable financial insights.

GHC Funding

GHC Funding

Contributing Author

Alyssa writes about real estate investing, debt-free strategies, and emerging trends in small business finance with a focus on practical insights.

Samantha Reyes

Samantha Reyes

Senior Content Editor

Samantha specializes in editorial strategy, compliance review, and refining complex finance topics into accessible, reader-friendly guidance.

Content is provided for educational purposes only and should not be considered legal, tax, or financial advice.

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  • Loan amounts from $100,000 up to $15 million+ (program-dependent).
  • Up to 90% financing for eligible acquisitions, real estate, and equipment.
  • Use funds for working capital, refinance, expansion, and partner buyout.
  • Longer terms (up to 25 years on real estate) to keep payments manageable.
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Navigating the SBA Express Loan Application: A New York Business Owner’s Guide

Imagine owning a cozy café in Brooklyn, New York. Business is thriving, but you want to expand. You need funding, but the process seems daunting. This is exactly where many New York business owners find themselves. Understanding the SBA Express Loan can be your solution.

In this article...

Understanding the SBA Express Loan

The SBA Express Loan is a financial tool designed to provide quick capital to small businesses. It’s an excellent option for those who need funds quickly and have been in operation for at least two years. In New York, where the market is competitive and fast-paced, this loan can be a game-changer.

  • Loan Amount: Up to $500,000
  • Approval Time: As little as 36 hours
  • Interest Rates: Prime rate plus 4.5% to 6.5%

Why New York Businesses Benefit

New York is a bustling hub of diverse businesses. From Manhattan to Buffalo, the need for swift financial solutions is crucial. The SBA Express Loan offers the speed and efficiency required to keep up with the city’s dynamic business environment. Whether it’s covering unexpected expenses or seizing a growth opportunity, this loan fits the bill.

Need capital? GHC Funding offers flexible funding solutions to support your business growth or real estate projects. Discover fast, reliable financing options today!

⚡ Key Flexible Funding Options:

GHC Funding everages financing types that prioritize asset value and cash flow over lengthy financial history checks:

Top Pick

DSCR Rental Loan

Best for: Scaling rental portfolios
★★★★★ 4.8/5 (120 reviews)
Starting rate~7–9%+
Loan amounts$100K – $5M+
Term30 yr fixed / ARMs
Highlights
  • No tax returns required
  • Qualify using rental income (DSCR-based)
  • Fast closings ~3–4 weeks
Check DSCR Rates

SBA 7(a) Loan

Best for: Owner-occupied commercial real estate
★★★★★ 4.6/5 (89 reviews)
RatePrime + spread
Loan amounts$350K – $5M+
TermUp to 25 years
Highlights
  • Lower down payments vs banks
  • Long amortization improves cash flow
  • Good if your business occupies 51%+
Explore SBA Options

Bridge Loan

Best for: Fast closing + value-add deals
★★★★☆ 4.4/5 (72 reviews)
RateVaries by deal
Loan amounts$250K – $15M+
Term6–24 months
Highlights
  • Close quickly — move on opportunities
  • Flexible underwriting
  • Great for value-add or transitional assets
Talk to a Specialist
Low Rates

SBA 504 Loan

Best for: Large CRE acquisitions & refinancing
★★★★★ 4.7/5 (101 reviews)
RateFixed, low CDC rate
Loan amounts$500K – $12M+
Term10, 20, 25 years
Highlights
  • Low fixed rates through CDC portion
  • Great for construction, expansion, fixed assets
  • Often lower down payment than bank loans
Check 504 Eligibility

🌐 Learn More

For details on GHC Funding's specific products and to start an application, please visit our homepage:

GHC Funding Homepage

Chicago, Illinois

 

 

Eligibility and Requirements

To qualify for an SBA Express Loan, a credit score of 650 or higher is typically required. This ensures that the business is financially stable and capable of repaying the loan. Additionally, the business must operate within the U.S. and have a tangible net worth of less than $15 million.

Timeline for Approval

One of the standout features of the SBA Express Loan is its quick approval process. Unlike traditional loans, which can take weeks or even months, the SBA Express Loan can be approved in as little as 36 hours. This rapid timeline allows New York business owners to act fast, whether they’re facing a short-term cash flow issue or a sudden growth opportunity.

Common Mistakes New York Business Owners Make

Despite the benefits, there are common pitfalls that New York business owners encounter:

  • Underestimating Credit Requirements: Many assume a lower credit score is acceptable, delaying the process.
  • Incomplete Documentation: Missing paperwork can lead to unnecessary delays.
  • Ignoring Loan Terms: Not fully understanding repayment terms can lead to financial strain.
  • Not Seeking Professional Advice: Guidance from financial advisors can prevent costly errors.

Case Study: A Brooklyn Café’s Success

Consider Jane’s Café, located in Brooklyn. Jane needed $100,000 to renovate and expand her seating area. With a credit score of 700, she applied for an SBA Express Loan. The approval came within 48 hours, and she received the funds in just five days. This allowed her to complete renovations before the holiday season, increasing her revenue by 30%.

Frequently Asked Questions

  • What is the maximum amount I can borrow? Up to $500,000.
  • How quickly can I receive the funds? Approval can be as fast as 36 hours, with funds disbursed shortly after.
  • Do I need collateral? It may not be required for loans under $25,000.
  • Can startups apply? Typically, businesses need at least two years of operation.
  • What are the interest rates? Generally, the prime rate plus 4.5% to 6.5%.
  • Is there an application fee? There might be, depending on the lender.

Get a Free Rate Today

Compare our top-rated commercial and investment property loan programs below.

DSCR Loan
⭐ 4.8/5
  • No income verification
  • 30-year fixed | Interest-only available
  • Great for rental properties + STR
  • Fast approvals
Check My Rate
SBA 7(a) Loan
⭐ 4.9/5
  • Working capital + business acquisition
  • Up to $5M
  • Low down payment
  • Long-term financing
Check My Rate
SBA 504 Loan
⭐ 4.9/5
  • Owner-occupied CRE
  • Low fixed rates | 25-year terms
  • Great for business expansion
  • Refinance available
Check My Rate
Bank / CRE Loan
⭐ 4.7/5
  • Best for stabilized properties
  • Competitive rates
  • 12–25 year terms
  • Lower fees than private lenders
Check My Rate

Compare Loan Types

Find the Right Financing for Your Real Estate or Business Project

Loan Type Best For Rates Terms Highlights Apply
DSCR Loan Rental properties (LTR & STR) 5.99%+ 30-year fixed, IO options No income docs, fast approvals, great for investors Check My Rate
Construction Loan Ground-up, fix & build, major renovations 8%–12% depending on scope 12–24 months interest-only Flexible draws, great for builders & developers Get a Quote
SBA Loan Business acquisition, working capital, CRE Prime + spread 10–25 years Lowest down payments, long terms, best for business growth See My Options

Ready to Take the Next Step?

At GHC Funding, we’re here to help New York business owners navigate the complexities of SBA Express Loans. Whether you’re in Albany or the heart of Manhattan, our team of experts is ready to guide you through the process. Contact us today to learn more about how we can support your business’s growth.

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Get a No Obligation Quote Today.


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GHC Funding DSCR, SBA & Bridge Loans
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