The maximum loan amount for an SBA Export Express Loan is $500,000. The SBA guarantees 90% for proceeds of up to $350,000 and 75% for loans of up to $500,000. https://www.sba.gov/sites/default/files/articles/oit_export_express_business_0.pdf and https://www.sba.gov/sites/default/files/articles/Loan_Chart_HQ_February_2017_Version_B_0.pdf

The applicant must meet the following requirements to be eligible for an SBA Export Express Loan:

• In operation (not necessarily in exporting) for at least 12 full months. (If this requirement isn’t met, the business may still be eligible for this program with clearly demonstrated exportation expertise)
• The loan proceeds will allow the business to enter a new export market or expand an existing export market.
• Loan proceeds will be used for an export development activity
• If proceeds are being used to finance indirect exports, the SBA will require certification from the applicant’s domestic customer (typically in the form of a letter, invoice, order or contract) that the goods or services are in fact being exported.
• Proceeds will not be used to finance overseas operations, except for the marketing and/or distribution of products/services exported from the U.S.
• If the proceeds are being used to finance specific export transactions, the lender must verify that U.S. companies are authorized to conduct business with the proposed country(ies) to which the goods or services will be shipped and has reviewed the Ex-Im Bank Country Limitation Schedule (CLS)
• The Export Express loan will not refinance an existing SBA-guaranteed loan.

The SBA guarantees 90% for proceeds of up to $350,000 and 75% for loans of up to $500,000. The maximum loan amount is $500,000.

The Small Business Administration's Export Express Loan Program offers quick-approval loans to established businesses that want to start exporting or that need funds for export activities. The SBA guarantees 90% for proceeds of up to $350,000 and 75% for loans of up to $500,000. The maximum loan amount is $500,000. To be eligible for this program, businesses must have been in operation for one year, although this requirement may be waived if the company's leadership has sufficient export expertise and if the lender uses underwriting procedures in its approval process.

In addition, applicants must meet the following requirements:

• In operation (not necessarily in exporting) for at least 12 full months. (If this requirement isn’t met, the business may still be eligible for this program with clearly demonstrated exportation expertise)
• The loan proceeds will allow the business to enter a new export market or expand an existing export market.
• Loan proceeds will be used for an export development activity
• If proceeds are being used to finance indirect exports, the SBA will require certification from the applicant’s domestic customer (typically in the form of a letter, invoice, order or contract) that the goods or services are in fact being exported.
• Proceeds will not be used to finance overseas operations, except for the marketing and/or distribution of products/services exported from the U.S.
• If the proceeds are being used to finance specific export transactions, the lender must verify that U.S. companies are authorized to conduct business with the proposed country(ies) to which the goods or services will be shipped and has reviewed the Ex-Im Bank Country Limitation Schedule (CLS)
• The Export Express loan will not refinance an existing SBA-guaranteed loan.

Businesses that are considered exporters by the SBA and demonstrate that the funds from the Export Express program would help them export goods are eligible for an SBA Export Express Loan. Eligible businesses must have been in operation for one year, although this requirement may be waived if the company's leadership has sufficient export expertise and if the lender uses underwriting procedures in its approval process.

For more information, please refer to the following sources:

• What Are the Different SBA 7(a) Loan Programs?
• What Is the SBA Export Express Loan Program?

The SBA Export Express Loan Program offers several advantages to small businesses that are considered exporters by the SBA. These advantages include:

• Quick approval or disapproval in 36 hours or less.
• Funds can be used for any activities that support export activities, like trade show participation.
• Financing may take the form of a line of credit or term loan.
• The SBA guarantees 90% for proceeds of up to $350,000 and 75% for loans of up to $500,000.
• The maximum loan amount is $500,000.

For more information, please visit https://www.sba.gov/sites/default/files/articles/oit_export_express_business_0.pdf and https://www.sba.gov/sites/default/files/articles/Loan_Chart_HQ_February_2017_Version_B_0.pdf.