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05-21-2014, 02:15 PM #1
SmartBiz Rockets to the Top Nationally as #1 Provider of Small SBA Loans
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05-21-2014, 08:13 PM #2
SAN FRANCISCO, May 21, 2014 /PRNewswire/ -- SmartBiz, the first fully online, automated SBA loan platform, announced its origination partner, Golden Pacific Bank, is now the number one provider of Non-Express SBA 7(a) loans nationally up to $25,000 based on most recent SBA data. Now commanding 20 percent of the market, SmartBiz processed over $23 million in applications in April and has teamed up with four new partners to offer easy access to vital business-building financing to even more American small businesses
Number One Provider based on most recent SBA data. what data is that? what source? Footnote perhaps for verification?
A Commanding 20% of the market? That makes them number one?
Processed over $23 million in applications? Big Deal! Yellowstone processes $23 million in applications a month! How much did they actually fund?
PR Newswire is probably the most unreliable source of propaganda (for the right price) out there
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05-22-2014, 09:36 AM #3
"Non-Express SBA 7(a) loans nationally up to $25,000 based on most recent SBA data" - Data from the SBA
Big deal? Guess we will see
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