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09-18-2023, 02:46 PM #1
Reputation points: 5611
- Join Date
- Jan 2022
- Posts
- 42
Another SBA Lender exits the market
Another national SBA lender has suddenly left the market leaving all of their clients in a tough spot.
It does matter who you work with, especially on SBA loans. I believe there will be further lender consolidation and borrowers will be left scrambling. As a top ten national SBA lender, we are committed to SBA financing and don't have the issues many other SBA lenders are facing. I expect more SBA bank lenders to pull back as well as non-bank SBA lenders who don't have the balance sheet to keep funding.Dan WallaceSVPEnterprise BankNational, direct SBA lenderFast and creative financing solutions970-390-6650dwallace@enterprisebank.com
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