Alaska SBA 7(a) Lender Rankings for FY 2023

RANK Lender # Loans $ Amount Average Loan Size 1 Alaska Growth Capital BIDCO, Inc. (AK) 15 $15,304,100 $1,020,273 2 Northrim Bank (AK) 14 $11,321,000 $808,643 3 Readycap Lending, LLC (NJ) 2 $5,591,000 $2,795,500 4 KeyBank National Association (OH) 12 $5,244,700 $437,058 5 Newtek Small Business Finance, Inc. (NY) 7 $4,808,000 $686,857 6 Live Oak…

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NADCO 2023 Third Party Lender Awards

Bank Five NineCommunity Bank 504 Lender of the YearAwarded to the most active 504 bank partner with less than $10 billion in assets Zions BankRegional Bank 504 Lender Of The YearAwarded to the most active 504 bank partner with between $10 billion and $100 billion in assets First Citizens BankSuper Regional Bank 504 Lender Of…

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California SBA 7(a) Lenders FY 2023

RANK Lender # SBA 7(a) Loans Approved $ SBA 7(a) Loans Amount Approved Average Loan Size 1 Live Oak Banking Company (NC) 153 $221,482,600 $1,447,599 2 U.S. Bank, National Association (OH) 695 $193,969,500 $279,093 3 Newtek Small Business Finance, Inc. (NY) 190 $151,775,100 $798,816 4 Harvest Small Business Finance, LLC (CA) 118 $146,309,800 $1,239,914 5…

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New Email and Processing Tips to Resolve Error 4363 for Existing SBA Loans

Many lenders and borrowers are complaining their SBA loan applications are lying in a black hole with Etran 4363 processing compliance codes errors.Most can be resolved with additional information. However, clearing error codes about existing SBA loans is problematic  SBA is generally prohibited from sharing details about compliance issues on existing SBA loans directly with…

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Florida SBA 7(a) Lender Rankings for FY 2023

RANK Lender # SBA 7(a) Loans Approved $ SBA 7(a) Loans Amount Approved Average Loan Size 1 TD Bank, National Association (DE) 825 $112,752,900 $136,670 2 Newtek Small Business Finance, Inc. (NY) 180 $108,334,500 $601,858 3 Live Oak Banking Company (NC) 71 $104,346,000 $1,469,662 4 BayFirst National Bank (FL) 363 $101,958,300 $280,877 5 The Huntington…

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Bobby Goff Joins Gulf Coast Small Business Lending as Senior Vice President

“Bobby is a fantastic addition to our Gulf Coast Small Business Lending team. Gulf Coast Small Business Lending has been, and remains, bullish about SBA lending.  “We look forward to combining Bobby’s extensive SBA experience with our exceptional product delivery as we continue to partner with small businesses across the United States to meet their…

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