April 26, 2018
By Bob Coleman
Editor, Coleman Movers and Shakers
Coleman Movers & Shakers — Citibank, Byline Bank, SBA Export Award Winners, American Lending Center in Taiwan
SBA honors Citibank and Byline Bank as the 2018 SBA Export Lenders of the Year.
SBA Administrator Linda McMahon says, “I want to congratulate and thank Citibank and Byline Bank for helping small business exporters expand, create high-wage jobs for American workers and advance small business innovation.”
Citibank Senior Vice President Don DiMartini, and Byline Bank Small Business Capital President Bruce Lammers received the awards on behalf of their institutions.
During fiscal year 2017, the SBA guaranteed $659.6 million in financing to small business exporters, supporting more than ten thousand jobs.
Citibank reported $27.5 million in export lending support.
Byline Bank supported $16.1 million for small business exporters in fiscal year 2017.
American Lending Center Announces Taiwan Expansion for EB-5 Investors
“ALC is pleased to announce our expansion into Taiwan as of April 16, and excited to be working with a new community on successful and effective EB-5 investing,” says ALC Chief Operating Officer Stella Zhang. “We are so grateful to the Taiwanese government for approving our regional center’s EB-5 projects, and proud to be one of very few approved EB-5 project providers in Taiwan.”
ALC received a record-breaking nine EB-5 project approvals in nine different cities for 30 newly approved investors in the past month of March alone.
The company is currently the largest non-bank SBA 504 lending institution, having successfully funded 70 projects with EB-5 funds to date.
Upcoming SBA Lending Professional Industry Events
NAGGL SBA Lending Technical Conference, May 1-3, Chicago
SBA BDO Summit, May 21-23, Napa Valley
Only One Registration Available!
America West, June 20-22, Costa Mesa
Exhibitor booths are sold out – all other sponsor levels are still open.
FLAGGL Small Business Lenders Conference, August 20-22, Orlando
Early bird ends April 13th
TN Small Business Lenders Conference, September 12-14, Nashville
Early Bird Ends May 16th