March 14, 2024 Delaney SextonContributing Editor Connecticut Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Connecticut Small Business Profile

March 14, 2024 Delaney SextonContributing Editor BayFirst National Bank Promotes Christopher Hackney to President of its SBA and USDA Lending Division “Chris has played a pivotal role in turning BayFirst into the premier community bank in the region and a nationwide small business lending powerhouse,” says BayFirst CEO Thomas G. Zernick. “I look forward to celebrating…

March 13, 2024 Delaney SextonContributing Editor SBA Wants $58 Billion in Lending in 2025 and a New Direct Lending Program The President’s Budget for Fiscal Year 2025 is requesting $58 billion for the 7(a), 504, Small Business Investment Company (SBIC), and Microloan programs. This includes a 16% increase in the authorized lending level for the…

March 13, 2024 Delaney SextonContributing Editor Harvest Welcomes Leah Douglas as VP, Business Development Officer Leah has dedicated her entire professional career to assisting business owners and commercial real estate investors in navigating the intricacies of SBA and commercial real estate lending. After graduating from UCF with a degree in Business Administration and Finance, Leah…

March 13, 2024 Delaney SextonContributing Editor Colorado Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Colorado Small Business Profile

March 12, 2024 Delaney SextonContributing Editor Small Businesses are Borrowing Less Frequently in February 2024 The NFIB found that small business owners are still weary of the current economic conditions in their February 2024 survey. Small business sentiment about future credit conditions is slightly improving, though small business owners’ expectations remain low. These are the…

March 12, 2024 Delaney SextonContributing Editor California Small Businesses – Five Fast Facts Source:SBA Office of Advocacy 2023 California Small Business Profile

March 12, 2024 Delaney SextonContributing Editor Harvest Introduces Loren Sarno as VP, Business Development Officer Beginning her professional journey in the wireless industry at AT&T Wireless, Loren held various sales and leadership positions, including Agent Manager for external distribution, Corporate Sales Account Representative, and Store Manager. She later transitioned her career to Business Banking in…

March 11, 2024 Delaney SextonContributing Editor Funding Circle to Sell New SBLC License In November 2023, Funding Circle was awarded one of three new SBLC licenses to help support small businesses and increase access to capital for business owners in underserved markets. The U.K.-based lender was set to start making 7(a) loans this year, but…

March 11, 2024 Delaney SextonContributing Editor Arkansas Small Businesses – Five Fast Facts Source:SBA Office of Advocacy 2023 Arkansas Small Business Profile