Byline Bank Ranks 1st in SBA International Trade Loans — 5th for SBA 7(a) Lending for FY23

“Small businesses are the lifeblood of our communities, and Byline is proud to have supported small business owners in securing the vital capital they need to pursue their dreams and grow their businesses,” says Tom Abraham, President, Small Business Capital, the SBA lending division of Byline Bank. “A significant portion of Illinois’ private workforce is employed by small businesses, which is one of the many reasons we’re committed to nurturing entrepreneurship and economic growth in Illinois.”

“We know that Byline Bank is more than a financial institution to our customers; it’s a lifeline for many of our community’s small businesses,” says Brogan Ptacin, Byline’s Executive Vice President, Head of Commercial Banking. “The SBA 504 loan program promotes business growth and job creation, and we’re proud to be a part of that. Being recognized as a top lender for both SBA 7(a) and 504 loans once again reaffirms our commitment to empowering local entrepreneurs.”

Byline Bank is  the number-one lender of SBA International Trade Loans nationally for the third consecutive year, providing $31 million to small businesses in FY2023. 

For SBA 7(a) loan volume in FY2023 the bank ranked 5th with $536 million.