CLOs on the Move

SmartBiz Loans is the #1 online platform for traditional SBA 7(a) loans under $350,000 helping banks in its network streamline the small business lending process. SmartBiz helped banks on the platform process more than $9 billion in PPP, SBA 7(a), and bank term loans serving over 230,000 small businesses. Over 60% of these loans were made to minority, women, or veteran owned businesses. Banks in the SmartBiz network used the platform to originate nearly 10% of the total U.S. market for traditional sub $350,000 SBA 7(a) loans during FY 2020.* SmartBiz Loans is headquartered in San Francisco and was founded in ...

SmartBiz Loans is the #1 online platform for traditional SBA 7(a) loans under $350,000 helping banks in its network streamline the small business lending process. SmartBiz helped banks on the platform process more than $9 billion in PPP, SBA 7(a), and bank term loans serving over 230,000 small businesses. Over 60% of these loans were made to minority, women, or veteran owned businesses. Banks in the SmartBiz network used the platform to originate nearly 10% of the total U.S. market for traditional sub $350,000 SBA 7(a) loans during FY 2020.* SmartBiz Loans is headquartered in San Francisco and was founded in 2009 by a team of experienced financial services entrepreneurs with backing from leading venture capital firms including Venrock, Investor Growth Capital, First Round Capital, Baseline Ventures, and Uncork Capital.

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