BayFirst Financial Corp (BAFN) exits SBA 7A lending to focus on community banking amid significant quarterly losses.
The SBA's SOP updates enable lenders to approve larger loans for businesses who meet lower qualification standards, helping more small business owners access capital. The SBA 7(a) program changes that ...
The agency has made a number of changes and tweaks to its loan programs in recent years. Small businesses looking to make their buildings more energy efficient or to transform new buildings are ...
ST. PETERSBURG, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced ...
PONTE VEDRA, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products ...
Dozens of small business owners in San Antonio took advantage of SBA 7(a) loans in 2022, with over $100 million in loans approved last fiscal year. The Small Business Administration's 7(a) loan ...
Byline ranked No. 1 SBA lender in Illinois for the 15th year "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 ...
For years, raising capital has been a struggle for Black businesses that often need the funds to scale up. A vast number of those entrepreneurs list overcoming hurdles to gain financing among their ...