Banco Popular Top SBA 7(a) Lender in Puerto Rico with 288 loans for $50.6 Million
RANK Lender # Loans $ Amount Average Loan Size 1 Banco Popular de Puerto Rico (PR) 288 $50,625,900 $175,784 2 Oriental Bank (PR) 106 $13,687,400 $129,126 3 FirstBank Puerto Rico (PR) 53 $13,115,900 $247,470 4 BayFirst National Bank (FL) 2 $2,880,000 $1,440,000 5 Economic Development Bank for Puerto Rico (PR) 7 $1,331,000 $190,143 6 Corp.…
Read MoreJeff Girling Joins Harvest SBF as Vice President, BDO
Says Marketing Director Tyler Massas, “Jeff Girling is a seasoned professional in commercial real estate finance on a national level, with a notable impact in the Midwest and greater Chicagoland area. “With a career spanning over two decades, Jeff has earned a reputation for his experience in navigating the intricacies of commercial real estate. His…
Read MoreMarios Pirbhai Joins Harvest SBF as Vice President, BDO
Says Marketing Director Tyler Massas, “Prior to Harvest, Marios embarked on a remarkable journey as the Vice President of EM Stellar Capital Solutions. During this tenure, he not only facilitated business loans but also ventured into business ownership, running various enterprises himself. This phase of his career was marked by his assistance to numerous clients…
Read MoreThe Huntington National Bank Tops Pennsylvania SBA 7(a) 2023 Lender Rankings
RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 324 $62,386,300 $192,550 2 Meridian Bank (PA) 71 $54,627,000 $769,394 3 Wilmington Savings Fund Society, FSB (DE) 45 $42,383,400 $941,853 4 Live Oak Banking Company (NC) 25 $38,550,000 $1,542,000 5 Fulton Bank, National Association (PA) 35 $35,698,500 $1,019,957 6 First…
Read MoreSalim Pirbhai Joins Harvest SBF as Vice President, BDO
Says Marketing Director Tyler Massas, “Salim Pirbhai is a seasoned entrepreneur and business leader with 28 years of success in the United States. Originally from London, Salim’s entrepreneurial journey began with a furniture store in South London, sparking his passion for business and financing. “For 24 years, Salim thrived in the automotive industry, excelling in…
Read MoreDalisa McNally Joins Harvest as Vice President, BDO
Says Marketing Director Tyler Massas, “Dalisa, a Fort Worth native, developed a strong work ethic from a young age, starting her career at 16 in her family’s real estate offices. Recognizing the crucial role of real estate in the economy, she transitioned to the finance side, accumulating 30 years of experience in banking, including roles…
Read MoreOregon FY 2023 SBA 7(a) Lender Rankings Topped by Live Oak, Umpqua Bank
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 26 $45,545,000 $1,751,731 2 Summit Bank (OR) 22 $37,244,600 $1,692,936 3 Umpqua Bank (CA) 139 $34,820,200 $250,505 4 Banc of California (CA) 15 $20,952,800 $1,396,853 5 U.S. Bank, National Association (OH) 104 $17,762,300 $170,791 6 Wells Fargo Bank, National Association…
Read MoreAre You Ready for your 2024 SBA Loan Audit? — Webinar Wed., January 10
How to Use the New Etran Screens to Improve your PARRiS Score Attend the Live Webinar EventWednesday, January 10, 20242:00 PM Eastern75-minute training with e-certification Single Site LicenseThe single site license grants your institution one viewing of the webinar. It is permissible to use a single site license on one device in a conference room…
Read MoreSmall Business Credit Card Debt is Rising Says B of A
More small businesses appear to have been using credit cards as a source of financing this year, with an increasing portion of balances carrying interest as financial pressures build. The average Bank of America small business credit card balance rose throughout the year, but the degree of increase varies across business revenue tiers. For those…
Read MoreBancFirst is Oklahoma’s Top SBA 7(a) Lender in FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 BancFirst (OK) 82 $38,213,500 $466,018 2 Live Oak Banking Company (NC) 16 $19,130,000 $1,195,625 3 Newtek Small Business Finance, Inc. (NY) 7 $15,066,000 $2,152,286 4 Arvest Bank (AR) 37 $8,643,800 $233,616 5 Security Bank (OK) 13 $8,345,000 $641,923 6 Readycap Lending, LLC (NJ) 9 $7,688,500…
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