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News Stories (8 Results) - SBA 7(a)

Huntington National Bank is the nation's largest originator, by volume, of Small Business Administration (SBA) 7(a) loans for the fourth consecutive year at the close of SBA fiscal year 2021, further strengthening its position as the leader in... view press release
October 11, 2021, 08:00 AM


Newtek Business Services Corp., an internally managed business development company, announced that it has completed its seventh and largest small business loan securitization.  The securitization resulted in the issuance and sale of $43,632,000 of... view press release
November 16, 2016, 07:12 AM


Texas Capital Bank announced that it has hired two senior bankers to expand its Small Business Administration lending across its regional markets.John Gannon will lead the Sales and Operations team and Clyde Thompson will take the role of credit... view press release
October 05, 2016, 07:11 AM


Crestmark secured a total of $17,945,000 in financial solutions for 16 new clients in the first half of September. The transactions are: A $250,000 traditional factoring facility was provided on Sept. 1 to a distributor of footwear in North... view press release
September 16, 2016, 08:09 AM


Crestmark secured a total of $14.593 million in financial solutions for 11 new clients in the first half of March. They are: A $400,000 accounts receivable purchase facility was provided on March 1 to a startup trucking company in Michigan. The... view press release
March 17, 2016, 08:01 AM


Crestmark secured a total of $11,396,000 in financial solutions for seven new clients in the first half of February.  The transactions are: A $350,000 accounts receivable purchase facility was provided on Feb. 2 to a startup car hauling company in... view press release
February 18, 2016, 07:42 AM


Crestmark secured a total of $8,005,000 in financial solutions for seven new clients in the second half of November. The transactions are: On Nov. 17, a $1 million accounts receivable purchase facility was provided to a start-up transportation... view press release
December 03, 2015, 07:29 AM


Concord Financial Advisors, LLC announces the closing of $4.81 million of senior secured credit facilities for a precision investment casting, rapid prototyping and machining company. The company is one of the only vertically integrated casting... view press release
November 14, 2014, 07:17 AM