Borrego Springs Bank Announces SBA Export Express Loan Program

Borrego Springs Bank has announced their latest financing option for small business, the SBA Export Express loan program. 

According to the Wall Street Journal, exports are up 25.6% over 2009. Through the newest addition to their already popular Borrego Express Capital platform, small businesses who have been in operation for at least 12 months and are either currently or intend to export their products in the next 12 months may qualify for up to $50,000 in unsecured financing. Small businesses which have been in operation for at least 24 months and are either already exporting or intend to export their products within the next 12 months may qualify for up to $100,000 in unsecured financing.  These loans are fully amortized over 7 years. 

For more information about the Export Express Loan Program or any of the small business loans offered at Borrego Springs Bank, please contact either Fred Crispen, Terry Crispen or Diane Skoriak at (866) 644-0042 or visit us online at www.borregospringsbank.com/sba_cap.asp.